What financial statements will be utilize in making a proposal for the american heart association, and how will these statements be used?
What impact will this prosposal have on the financial statements of the american heart association? Articulate the impact using appropriate terminology.
How would this proposal of the american heart association be different if using a flexed budget versus a fixed budget? In other words, how would the use of one type of budget versus the other impact this proposal, and how would this proposal impact the budget? (Evaluate the differences between a fixed and a flexed budget.)
What ratios will be used to support this proposal and why? Select the ratio or ratios that would be the most appropriate.
Calculate the selected ratios and articulate the results using accurate terminology. What do the results say about the viability of this proposal?
Based on your calculations and financial statement analysis, determine the short-term and long-term impact on the american heart association and this organization’s financials. What is the short-term and long-term financial impact of this proposal for the organization? How can you plan to strategically mitigate the impact on the financials of the company, or how will this proposal help inform strategic planning in the short and long term?