This is significant, because the increases in these levels are an indication that the management is engaging in responsible financial practices to pay off of their debt obligations. (Finkler, 2010, pp. 558 -- 561)
Review the notes. Do any of them raise cause for concern?
When reviewing the notes, there is nothing unusual that is causing concern about any kind of sudden shifts in the financial strength of the hospital. (Finkler, 2010, pp. 558 -- 561)
What do you think of Major Medical Center's financial status? Explain your analysis
At the moment, Major Medical Center is in a strong financial position. However, between 2011 and 2012 the hospital has been taking steps that have been reducing their underlying financial standing. Evidence of this can be seen by looking no further than the decrease in: the quick, current, debt and debt to equity ratios. As, they have been declining from 2011 to 2012, which is highlighting how there are a number of financial challenges that the organization has been facing.
To deal with these issues,...
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