Reference no: EM13761281

Complete the Health Care Financial Accounting simulation. In the simulation, you are in charge of a fictitious health care organization facing financial difficulties. You must complete the following tasks:

• Phase 1: Capital Shortage - Analyze the working capital shortage presented in the simulation.

• Phase 2: Funding Options for Equipment Acquisition - Evaluate funding options for acquiring medical equipment.

• Phase 3: Funding Options for Capital Expansion - Evaluate funding options for capital expansion

Write a 1,050- to 1,400-word paper analyzing the decisions you made in the simulation. Include the following in the paper:
Phase I: Capital Shortage

• Analyze which cost-cutting options you selected and why.
• Analyze which loan option you selected and why.
• Analyze the outcome of your capital shortage decision.

Phase II: Funding Options for Equipment Acquisition

• Evaluate which cost-effective equipment selections you made and why.
• Evaluated the outcome of your cost-effective equipment acquisition decision.

Phase III: Funding Options for Capital Expansion

• Evaluate which source of funding for capital expansion you selected and why.
• Evaluate the outcome of your source of funding for capital expansion decision.

Summary and Conclusions

• Explain what you learned from this simulation.
• Explain what you would do differently if you performed the simulation again.
• Explain how you will apply what you learned from the simulation at your current or future job.