Instructions
This assessment has two main parts.
Analysis of the Balance Sheet
This part of the assessment will focus on analyzing the balance sheet for St. Anthony Medical Center. Relevant scoring guide criteria:
Explain the financial position of St. Anthony Medical Center by comparing assets and liabilities shown in the Financial Statement [XLSX].
“Explain” means to make something (an idea, situation, or problem) clear to someone by describing it in more detail or revealing relevant facts or ideas.
Explain the financial position of St. Anthony Medical Center compared to previous years.
Explain how accounts receivable changed from previous years.
Analyze the financial obligations of St. Anthony Medical Center and their implications for the upcoming year.
“Analyze” means to examine methodically and in detail the constitution or structure of something (especially information), typically for purposes of explanation and interpretation.
Adhere to the rules of grammar, usage, and mechanics.
“Grammar” refers to the basic rules for how sentences are constructed and how words combine to make sentences (for example, word order, case, and tense).
“Usage” refers to correct word choice and phrasing, particularly with regard to the meanings of words and phrases.
“Mechanics” refers to correct use of capitalization, punctuation, and spelling.
Apply APA formatting to in-text citations and references.
Be sure to include a separate references page.
Some questions to consider that may help you organize your analysis are:
Do assets exceed liabilities?
What does this tell you about the financial position of St. Anthony Medical Center?
How has the financial position of St. Anthony Medical Center changed since last year?
How has it changed since the year prior?
How have the accounts receivable changed from previous years, and what does this tell you?
Using the balance sheet, what financial obligations does St. Anthony Medical Center need to consider in the upcoming year?
The goal of this analysis is to create an accurate picture of the financial trends for St. Anthony Medical Center, its current financial obligations, and how the upcoming fiscal year projects in light of this information.
Analysis of the Income Statement
This part of the assessment will focus on analyzing the income statement for St. Anthony Medical Center. Relevant scoring guide criteria:
Analyze patient revenue compared to previous years and the implications for the financial health of St. Anthony Medical Center.
Adhere to the rules of grammar, usage, and mechanics.
Apply APA formatting to in-text citations and references.
Some questions to consider that may help you organize your analysis are:
Has patient revenue increased or decreased from previous years?
What could this indicate about the financial position of St. Anthony Medical Center?
The goal of this analysis is to create an accurate picture of trends tied to the overall financial health of St. Anthony Medical Center.
