Week 4 Discussions Week 4 Discussion Question 1 What is break-even analysis and how does it work with cost–volume–profit analysis? As a manager‚ what decisions would you make to achieve a lower break-even point? The CVP analysis is the level of activity at which total revenues equal total costs (both fixed and variable). A break-even analysis is the process of finding the break-even point. The cost-value-profit is the study of how specific costs respond to changes in the level of business
Premium Costs Southwest Airlines Decision making
important financial decisions that can make or break the future of the organization. To give students a peak into some of these financial decisions‚ online simulations are used. This is the breakdown of one such simulation. The simulation in question deals with the Elijah Heart Center in New York State. The simulation covers three very distinction aspects of healthcare financial decisions that an administrator may have to make. First‚ a capital shortage and cost cutting techniques are delved
Premium Finance lease Finance Lease
This work of HCS 490 Week 4 Learning Team Discussion Question includes: How do you think that you could effectively market that product? Who would be your target market or targeted consumer for the product? What avenues or media outlets would you consider for your marketing campaign? Health Care - General Health Care · Resource: Communication Paper grading criteria located on the student website. There are a variety of communication modalities available to health care consumers
Premium Health care Marketing Health care provider
Reporting Practices and Ethics HCS/405 Reporting Practices and Ethics A major aspect of health care organization operation is that of financial management. Financial management of health care organizations incorporates ethical standards and proper reporting practices. Financial practices and ethical finance concerns are important to the success of any organization‚ particularly within the health care industry. The four elements of financial management‚ generally accepted accounting
Premium Generally Accepted Accounting Principles Health care Management
Reporting Practices and Ethics Erin Martin March 21‚ 2011 HCS/ Healthcare Financial Accounting Todd A. Brown Reporting Practices and Ethics Crime and corruption is unfortunately a reality and financial management is not an exception. Unfortunately there are people out there that do not adhere to the general accepted accounting principles or ethical standards. When not following the standards theft‚ embezzlement‚ and fraud occur. Financial managers of an organization need to follow the four
Premium Management Ethics Finance
2008 Ratio (unaudited) 2009 Ratio (unaudited) 2008 Ratio (audited) 2009 Ratio (audited) Current Ratio Current Ratio Current Ratio Current Ratio $130‚026 Assets $8‚380 Liabilities 15.52 to 1 $128‚867 Assets $23‚807 Liabilities 5.41 to 1 $130‚026 Assets $8‚380 Liabilities 15.52 to 1 $128‚867 Assets $ 23‚807 Liabilities 5.37 to 1 Quick Ratio Quick Ratio Quick Ratio Quick Ratio $41‚851 $37‚666 $79‚517 / $8‚380 9.49 to 1 $22‚995 $59‚787 $82‚782 / $23‚807
Premium Asset Liability Balance sheet
Discussion Questions • Why is it important that financial accounting systems report performance fairly and factually? One of the biggest reasons it is important that financial accounting systems reports performance fairly and factually is to avoid legal actions in regards to accounting fraud. Recent downfalls of organizations due to financial misrepresentations and financial fraud have caused a huge downfall in our society. It is important for management accounting
Premium Non-profit organization
COM/156 - UNIVERSITY COMPOSITION AND COMMUNICATION II Week 4 Discussion Questions Discussion Question 1 A good thesis statement helps guide the rest of your paper. Do you think this is true? Is it true of a poor thesis statement as well? Why? A good thesis statement is a way to help guide your paper. The thesis statement provides an outline for how the writer will progress with the paper. A working thesis will guide your paper just as much and then after your paper is finished‚ you can go
Premium Source Thought Bias
Angela Hunter-Cole HCS 440 Economics: The Financing of Health Care Week One Discussion Questions ? Most people feel health care is priceless; however‚ health care comes with a steep cost. What factors must be considered when looking at the true cost of care? According to website Cha Cha.com the factors that must be considered when looking at the true cost of health care are price‚ security‚ availability‚ and dependability. Cost is a driving factor in health care‚ how much health care services
Premium Economics Health care
MGMT 405 Operations and Production Management Answer set 5 (Reference chapters 12– William J. Stevenson-2007‚ ninth edition) Problems 1. The manager of an automobile repair shop hopes to achieve a better allocation of inventory control efforts by adopting an ABC approach to inventory control. Using the following monthly usage and classify the items in A‚ B‚ and C categories according to dollar usage: Item Usage Unit Cost 4021 50 $ 1400 9402 300 12 4066 40 700 6500 150 20 9280 10 1020 4050 80 140
Premium Management Inventory Manufacturing