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HCS 577 HCS\557 Week 3 Individual Assignment Financial Data Analysis
Financial information may have significant differences from one year to the next. Review the financial statements for Patton-Fuller Hospital for 2008 and 2009, as well as the narrative information from the Annual Report.
Resources: Financial Statements under Chief Financial Officer in the Patton-Fuller Hospital Virtual Organization, Financial Data Analysis Grading Criteria located on your student website
Select Downloads from the Financial Statements tab under the Chief Financial Officer link in the Patton-Fuller Community Hospital Virtual Organization on your student website.
Download the Microsoft® Excel® versions of the 2009–2008 Balance Sheet (Audited) and 2009–2008 Statement of Revenue and Expense (Audited).
Write a 700-word analysis of the audited financial statements of Patton-Fuller Hospital for 2008 and 2009.
Include in your analysis:
Identify significant changes between the years.
Provide possible explanations for all variances greater than +/- 5% based on information in the Annual Report.
Include in your Microsoft® Excel® worksheets:
Balance Sheet in a Microsoft® Excel® document including columns for the following:
2008 financial data
2009 financial data
The amount of change in dollars
The percent change
Statement of Revenue and Expenses in a Microsoft® Excel® document including columns for the following:
2008 financial data
2009 financial data
The amount of change in dollars
The percent change
Submit the Microsoft® Excel® worksheets with the written analysis.
Format your assignment consistent with APA guidelines.
Note. Word count does not include the Balance Sheet or Statement of Revenue and Expenses.
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