Answer & Explanation:see work document attached. thanks UnitII_Homework.doc
unitii_homework.doc
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Unit II Homework
Part 1: Matching (2 points each)
Indicate if each of the following terms falls under the category of balance sheets or income statements by writing the term
in the corresponding column. Part 1: Matching will be graded using the Unit II_ Grading Rubric for Homework. It is
suggested that you review the rubric prior to completing this portion of the assignment.
Terms:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
Current assets
Equity
Financial statements
Fund balance
Liabilities
Long-term debt
Net assets
Net income
Non-operating gains
Operating expenses
Profit
Salaries and wages
Statement of operations
Statement of revenues and expenses
Balance sheets
Income statements
Part 2: Statement Assessment
Research how two healthcare companies manage their finances using an Internet search or the CSU Online Library.
Explain how they each use the terms listed above. Afterwards, write an analysis explaining whether or not each company
uses the financial elements effectively or if they could benefit from making some adjustments to their current processes.
Responses should be at least 200 words in length, and all sources used must be cited in APA format. Part 2: Statement
Assessment-Essay 1 and Essay 2 will be graded using the Unit II_ Grading Rubric for Homework. It is suggested that you
review the rubric prior to completing this portion of the assignment.
Explanation and analysis of first company (36 points)
Enter answer here.
BHA 4001, Budgeting for Health Care
1
Explanation and analysis of second company (36 points)
Enter answer here.
BHA 4001, Budgeting for Health Care
2
…
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