Financial Statements: For a publicly traded company, what are the most important financial statements and why?
Small Business: In a small business what accounting/financial statements would be most crucial to running your day to day business and why?
Scenario: If your best friend came to you and said that their electronics business was doing poorly and you looked over their business and saw the information (in the scenario below), what would you advise him or her and explain why.
Pose at least 2 substantive questions/comments to other teams and respond to other teams' questions.
Scenario: Your best friend works for an In-Home Health Provider Company (IHHPC) in Palm Beach County, Florida. Your friend comes to you and explains that the In-Home Health Provider Co. wants to expand the next year to Broward County and Miami County. Your friend explains the company is dealing with a cash flow problem and if it is not figured out over the next six months the IHHPC will not meet the asset requirement for the expansion loan.
Revenue:
80% private pay patients.
10% Health insurance.
10% Long Term Care Insurance Policy.