What would be the different indicators and emphasis

Assignment Help Financial Accounting
Reference no: EM132569319

Question 1: If you were going to build a dashboard or a balanced scorecard for a nursing home, what key performance indicators might you use? Explain and elaborate on why your suggested key performance indicators are crucial to effective financial management of a nursing home organization. Think what you would be held accountable for as a manager and develop some easy to read ratios to show history and progress to support your management objectives. Consider if this dashboard would be different if you managed a for profit versus a not for profit. What would be the different indicators and emphasis. (Think about the different missions of these organizations)

Reference no: EM132569319

Questions Cloud

What are some considerations in rejecting the order : Dutch's has a normal selling price of $23.00 per dozen. The variable cost to manufacture. What are some considerations in accepting or rejecting this order?
Penetration testing and detection of vulnerabilities : Penetration testing and detection of vulnerabilities in wireless networks and IoT devices.
Should be concerned about the short term liquidity -explain : McDonald's your analysis of each company's financial statements,Should be concerned about the short term liquidity of these two companies? Explain
Which method maximizes net income : Which method maximizes net income? Which method minimizes income taxes? UM Watches specialises in designer watches and leather goods.
What would be the different indicators and emphasis : Consider if this dashboard would be different if you managed a for profit versus a not for profit. What would be the different indicators and emphasis.
What was the amount of tax paid during the year : Provision for tax at the start of the year, The provision for tax made during the year was Rs.1,20000. What was the amount of tax paid during the year?
The times they are a changing : A song called "The Times They Are A Changing" By Bob Dylan Do research on the singer/song writer and when the song was first heard?
How to write an essay about older immigrant : How to write an essay about older immigrant in the U.S. Describe these groups? What were their issues?
Find and calculate the cash flows from investing activities : Lakhs and balance payment was made in cash. It also sold another machinery for Rs. 10 Lakhs. Calculate the cash flows from Investing Activities

Reviews

Write a Review

Financial Accounting Questions & Answers

  Estimate costs pertaining to a proposed job

Assume you estimate costs pertaining to a proposed job at $17,076. Your normal pricing policy is to apply a markup of 18% from total costs

  How event would be accounted for in the financial statements

Explain how this event would be accounted for in the financial statements of Phonebiz Ltd for the year ended 30 June 20X9, Phonebiz Ltd

  Prepare the plant assets section of navaros balance sheet

Prepare the plant assets section of Navaro's balance sheet at December 31, 2015. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2015 transactions.)

  Compute value of stock with a required return ten percent

Financial analysts believe the stock will be at their price target of 68.00 in two years. Compute the value of this stock with a required return of 10%.

  Should be processed further-should be sold at split of point

Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $27,000 per ton, one-fourth of which is allocated to product X15. 6,000 units of product X15 are produced from each ton of c..

  Assume the corporation will redeem five shares each year

Unrelated individuals (A, B, C, and D) each own 25 percent of the Snyder Corporation. Snyder has 400 shares outstanding. Assume the corporation will redeem five shares each year for the next four years from A, B, and C starting in 19X3. Must D recogn..

  Trade discounts with no cash discounts allowable

Kim Co. purchased goods with a list price of $194,600, subject to trade discounts of 20% and 10%, with no cash discounts allowable. How much should Kim Co. record as the cost of these goods?

  Extraordinary items are found on the income statement

A company had 130,000 shares of common stock outstanding on January 1 and then sold 30,000 additional shares on March 30. Net income for the year was $495,625. What are earnings per share? Extraordinary items are found on the income statement: what a..

  Determine the amount of retained earnings as of july 1

Determine the amount of retained earnings as of July 1 of the current year.- prepare an income statement for July, a retained earnings statement for July, and a balance sheet as of July 31.

  Purpose income statements for each year using costing

Purpose income statements for each year using absorption costing.

  What would be leaf component cost of preferred stock

Leaf has preferred stock selling for 96.8 percent of par that pays a 10.2 percent annual coupon. What would be Leaf's component cost of preferred stock?

  What is the net realizable value of smarts receivables

An analysis and aging of Smart Corp accounts receivable at December 31, 2014, What is the net realizable value of Smarts receivables at December 31, 2014?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd