Does the practice generate enough cash

Assignment Help Financial Accounting

Reference no: EM132590454

Read the following questions that Don has asked you to answer as part of your recommendation:

Does the practice generate enough cash to cover its current obligations?

Is the practice likely to be able to meet its long-term obligations as they become due?

Is the practice increasing its patient encounters and collecting its accounts receivable in a timely manner?

What is the practice's net worth, or equity, and is it improving? Is the practice improving its profitability on a sustainable basis?

How might the hospitals acquisition of Dr. Fiddle''s practice impact the future financial performance of the practice itself?

All factors considered, do you think it is a good idea for the hospital to acquire the practice? Why or why not?

Refer to Dr. Fiddle''s financial statements, the Key Financial Ratios document that you completed in Project 3 and the notes that Don took while on his site-visit. Identify key information Don recorded in his site visit notes. Then review the Project resources. Use all of this information to inform your response to each of Don''s questions.

Draft responses to each of his questions.

Once you have drafted your responses, develop a slide presentation that answers each of Don''s questions. Your slide presentation should incorporate the financial ratios you calculated, describe what the ratios say about the state of the practice, and appropriately use accounting terminology. Once you have completed the slides, present the slide presentation to Don by narrating it. For information on how to narrate your slide presentation, see the CfA Presentation Guide in the Project Resources.

Attachment:- Financial statements dr fiddle project.rar

Reference no: EM132590454

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