Essay On Financial Management
One of the sources can be our school text book. If you have the app bookshelf you can access the Introduction to the Financial Management of Healthcare Organization 6th edition textbook by Michael Nowicki
My username is skahrobaee78@u.westcoastuniversity.edu
Password is Hawaii96!
Please let me know if you have trouble accessing the book
Write a 2–3 page report using the financial statements from last week’s assignment and perform the following financial analyses on the organization:
Calculate and interpret key financial ratios:
Liquidity (current ratio, collection period, days cash-on-hand, average payment period)
Profitability (operating margin (%), total margin (%), return on net assets (%)
Asset efficiency (total asset efficiency, age of plant (years), fixed asset turnover, current asset turnover, inventory turnover)
Capital structure (net asset financing [%], long-term debt to capitalization, debt service coverage, cash flow to debt [%])
Provide comparisons to industry averages or to a competitor and provide comments
Provide recommendations to improve financial performance
Attach exhibits and charts to the appendices section of your report to support your analysis
Please let me know if you have any questions!
CSMC’s operating income increased by about 153 percent during fiscal years 2018 and 2019, from $112 million to $284 million. While operational income rose during the study period, it decreased by 19% in FY 2018 compared to FY 2019. According to leadership at CSMC, operating profit grew from fiscal year 2012 to fiscal year 2013 as sales growth exceeded expenditure growth as a result of greater cost control initiatives. Between fiscal years 2018 and 2019, decreased volume led in revenue growth of 1.6 percent and cost growth of 4.5 percent. According to CSMC management, the company continues to analyze spending as part of its institutional requirements to ensure that operations are adequately resourced and has established multiple task forces to guarantee that those goals are met. Volumes have rebounded dramatically as a result of these initiatives.
