Analyzing Financial Statements December 16‚ 2012 Regina Campbell Calculate the following: Current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs and expense ratio‚ general and management and expense ratio‚ fund-raising and expense ratio‚ and revenue and expense ratio for the years 2003 and 2004. 2003 2004 Current Ratio: .87 .90 Long Term Solvency Ratio:
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TASK 1: Financial statements are used by both internal and external users to make economic decisions. The information within the financial statement aims to provide information about the financial position‚ performance and any changes in financial position of an enterprise. Financial statements should be understandable‚ relevant‚ reliable and comparable. Reported assets‚ liabilities‚ equity‚ income and expenses are directly related to an organization ’s financial position. AstraZeneca
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Today‚ community hospital becomes a fast-paced environment. The growing number of consumers‚ including the median age from 40 to 41 years old in the American health care system; the community hospital strategic management is a fender-bender with the country economy and politic. In the same vein‚ the Patient protection and Affordable Care Act expansion of health care of many New Jersey’s people have allowed some things that were limited. People with a pre-existing condition and the children who remain
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Running head: Financial Management in Nonprofit Organizations Financial Management in Nonprofit Organizations Executive Summary Successful management of a not-for-profit organization requires providing high-quality service‚ but at the same time‚ careful administration - to reduce expenses and automate processes are ongoing requirements. Each type of not-for-profit organization has unique management needs. For example: • Social service and government agencies require meticulous
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83 WHITTAKER MEMORIAL HOSPITAL Edwin L. Makamson‚ Hampton University CASE DESCRIPTION The primary subject matter is strategy under adverse conditions for a small community hospital. The case examines operational‚ financial and market factors for strategy development. Issues of governance and stakeholder claims for a non-profit‚ community organization are also examined. As a student case analysis assignment the case is appropriate for an undergraduate capstone course in business policy presented
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Appendix A 2011 Financial Report Financial Review Pfizer Inc. and Subsidiary Companies INTRODUCTION Our Financial Review is provided to assist readers in understanding the results of operations‚ financial condition and cash flows of Pfizer Inc. (the Company). It should be read in conjunction with the Consolidated Financial Statements and Notes to Consolidated Financial Statements. The discussion in this Financial Review contains forward-looking statements that involve substantial risks and
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Introduction‚ Review of Accounting Process & Financial Statements Part I • Generally Accepted Accounting Principles (US GAAP) Generally Accepted Accounting Principles or U.S. GAAP refer to the standard framework of guidelines for financial accounting used in any given jurisdiction; generally know as Accounting Standards. GAAP includes the standards‚ conventions‚ and rules accountants follow in recording and summarizing‚ and in the preparation of financial statements (Wikipedia‚ n.d.). Although quite
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Working with Financial Statements Accounting is the heart and soul of executing a successful business. Accounting is used to provide record for all items that are paid and received for a business over any period of time. Within the purpose of accounting lies the need to provide continuity and sustainability within a business‚ without it a business will not thrive. The information obtained is kept on record‚ in order to give insight to upper management on data concerning the daily revenue and expenses
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A business’ financial conditions are of major concern to all its stakeholders. As capital providers‚ investors and creditors rely on a company’s financial conditions for both the safety and profitability of their investments. The four basic financial statements are (1) Balance Sheet‚ (2) Income Statement‚ (3) Statement of Retained Earnings‚ and (4) Statement of Cash Flow (Kimmel‚ Weygandt‚ & Kieso‚ 2010). The balance sheet represents the financial position of a company for a specific period
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material for the brewery‚ as price of raw material fluctuate constantly. Fullers can get more advantage by utilizing the local raw material as much as possible. Secondly‚ the rising trend of health conscious lifestyle adopted among the drinkers might lose the customers in the long run. As Fullers operates in niche market‚ so there won’t be a massive loss‚ but after a longer period‚ there might be noticeable decrease in sales. As Fuller also operates in its hotel chains‚ so will not be affected much by
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