Reference no: EM13394655

Policy: The following four questions are to be answered in your assignment folder under the GC3 tab and this week's conference: 1). Choose one concept or phrase from Kaplan's article. "Lead and Manage Using the Balanced Scorecard" noted above. Either support his concept, or disagree with it, using your own work experiences and other reference material to support your position. 2). Operating margins in your hospital have been consistently below national norms for the past 3 years. Discuss the factors that might have created this situation and the ways in which you might determine specific causes. Additionally, describe several items that are treated as expenses in the income statement but do not require any expenditure of cash in the present period. 3). Your health maintenance organization is experiencing a critical shortage of funds. Using the statement of cash flows as a framework. for discussion, explain how you might attempt to reduce the need for additional funds. Additionally, your firm reported net income of $5,000,000, but the change in equity was only $3,000,000. What could account for the difference? 4). A major supplier has donated $45,000 worth of medical supply items to your firm. These items are then used in the treatment of patients. Explain how this transaction would be recorded in your firm's financial statements. Additionally, your hospital has experienced negative levels of net income for the last five years. The total amount of accumulated deficits is $5 million, but you have noticed that unrestricted net assets have increased $2 million during the same period. How might this situation be explained?