scrutiny of these annual reports and financial statements‚ which are necessity for the hospital auditors‚ will need to know that the 80% of the revenue is from the inpatient activity‚ which includes surgery charges‚ medical-surgical nursing and Intensive Care Unit (ICU) charges. The remaining 20% of its revenue is from the emergency department of other outpatient services. When it is observance of the auditors form submitted that the Patton-Fuller Community Hospital under the expenses‚ which are an increased
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A1 The Organization Hospital X was founded in 1921 by four doctors who realized that medical advances were making it impossible for physicians to work alone. The doctors felt that gathering physicians and laboratories into one facility would lower overhead costs allowing patients from any walk of life the care they could afford. As Hospital X has grown‚ it now includes over 100 facilities and 51‚000 employees in 3 countries. As Hospital X has expanded‚ it is still guided by the same principles
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In what sense(s) are virtual communities real communities? A virtual community is a network of people who interact through various forms of media‚ and allow users to obtain support‚ advice‚ friendship and sometimes merely just interaction with others. In a world where the internet is becoming ever more important‚ and social networking sites such as Facebook and Twitter are now a part of many people’s every day lives‚ there is a strong sense that online‚ virtual communities are becoming ever more
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QUESTION 1 i. Current Ratio = Current Assets/Current Liability = $ 14‚651‚000/$ 19‚639‚000 = 0.750 ii. Quick Ratio = (Current Assets – Inventory) / Current Liability = ($ 14‚651‚000 – $ 6‚136‚000) / $ 19‚539‚000 = 0.436 iii. Total Assets Turnover = Sales/Total Assets = $ 167‚310‚000/$ 108‚615‚000 = 1.540 iv. Inventory Turnover = COGS/Inventory = $ 117‚910‚000/$ 6‚136‚000 = 19.216 v. Receivable Turnover = Sales/Account Receivables = $ 167‚310‚000/$ 5‚473
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TITLE PAGE ROLE OF FINANCIAL STATEMENT IN INVESTMENT DECISION MAKING. (A CASE STUDY OF FIRST BANK OF NIGERIAN PLC) BY AMEDU‚ MERCY A. ACC/2008/502 A RESEARCH PROJECT SUBMITED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE BACHELOR OF SCIENCE (B. SC) DEGREE IN ACCOUNTANCY. FACULTY OF MANAGEMENT AND SOCIAL SCIENCES‚ DEPARTMENT OF ACCOUNTANCY‚ CARITAS UNIVERSITY AMORJI NIKE ENUGU [ AUGUST‚ 2012 CERTIFICATION It is hereby certified that the research work
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Margaret Fuller‚ a woman of great talent and promise‚ had the misfortune to be born in Massachusetts in 1810‚ at a time and place in which the characteristics of what historians have termed “true womanhood” were becoming ever more rigidly defined. Well brought-up women like herself were to be cultured‚ pious‚ submissive and genteel. Fuller‚ by contrast‚ was assertive and freethinking. She was also — and to some extent‚ still is — a difficult person to like. Arrogant‚ condescending and vain‚ Fuller
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sources of longer and more detailed cases include the Deloitte Trueblood cases and cases provided by various other firms. Topical Index of Student Cases INTERMEDIATE ACCOUNTING Case 1: Reporting acquisition and repayment transactions in the Statement of Cash Flows Case 2: Recording a forfeited payment Case 3: Revenue and expense recognition associated extended warranties Case 4: Accounting for “due on demand” note payable Case 5: Purchase of a controlling interest with a greenmail premium
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Analyzing Financial Statements Elizabeth Black HSM/260 October 16‚ 2011 Denise Lindley University of Phoenix Analyzing Financial Statements XYZ Corporation Years 2003/2004/2002 (Respectively Listed One Page after Another) 2003 Current Ratio | | | | | | | | | | | | | | | | | Current Ratio = | Current Assets | | $82‚058.00 | | | 0.87 | | | Current Liabilities | | $93‚975.00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency
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USES OF FINANCIAL STATEMENTS The financing‚ investing‚ and operating activities of a company are recorded by accounting systems in the form of detailed transactions. To effectively communicate a company’s activities to decision-makers‚ these detailed transactions are summarized and reported in a set of standardized reports called financial statements. The role of financial statements is to provide information that will help investors‚ creditors‚ and others make judgments and predictions that serve
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Purpose of Financial Statements The objective of financial statements is to provide information about the financial position‚ performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions (IASB Framework). Financial Statements provide useful information to a wide range of users: Managers require Financial Statements to manage the affairs of the company by assessing its financial performance and position and taking important business
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