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Please I need some one who can help me we this to be answer allquestion as is required on this is for my term project. thankyou.

you were asked to research on a specific Health ServicesOrganization. Hint: Since you will be explainingthe financial statements, do not pick an organization withcomplicated financial statements. It might also be helpful to readthe Notes to the Financial Statements.

1. Go on the internet and choose a specifichealth services organization and research its financialstatements.

2. Describe the components of your health servicesorganization's Income Statement.

3. Describe the organization and contents of theBalance Sheet.

4. Describe the contents of the Statement of CashFlows and the way it differs from the Income Statement.

5. Attach a copy of the financial statement so that your peerscan view it.

6. Post your discussion with the appropriate reference(s).

the one I pick is Mayo clinic

answer as it pertains to the Mayo Clinic Health System.

Go on the internet and choose a specific health servicesorganization (Mayo Clinic Health System) and research its financialstatements.

Describe the organization and contents of the Balance Sheet.

Describe the contents of the Statement of Cash Flows and the wayit differs from the Income Statement.

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Sixta Kovacek
Sixta KovacekLv2
28 Sep 2019

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An organization’s finances are closely linked to local and global markets. Therefore, regular monitoring of economic factors, such as employment, inflation, supply and demand, and interest rates is sure to provide beneficial information. Therefore, it is important to understand the impact of economic factors upon an organization’s current and future operations and finances.

Using the module readings, Argosy University online library resources, and the Internet, research two to three articles on the importance of analyzing economic factors for organizations.

Then respond to the following:

Why should companies pay attention to economic factors when managing the organization’s current and future financial information?

Consider an organization you are familiar with. Identify the economic factor that has had the most impact on the organization’s earnings in the past 5 years.

How has this factor impacted the organization and how has the organization dealt with the impact in a positive or negative manner?

Please put the following income statement and balance sheet terms in the proper order:

Taxes, interest, gross profit, selling, general and administrative expenses, sales, depreciation, net income, cost of goods sold, and EBITDA.

For the balance sheet, please categorize the following as short-term assets, long-term assets, short-term liabilities, long-term liabilities, or owner’s equity:

Cash, accounts payable, accruals, property, plant and equipment, inventory, accounts receivables, paid in capital, retained earnings, notes payable, mortgage, and accounts payable.

Please explain in which order the four major financial statements need to be prepared, and why.

Please also explain the three major categories of the statement of cash flows and under which category the following items belong. Also explain whether or not each item would be considered a source or use of cash for the period in question:

Inventory-increased for period
Net income-increased for period
Accounts receivables increase for period
Accounts payable decrease for period
Accruals decrease for period
Depreciation-increases for period
Stock issued
Property purchased
Bonds paid off
Inventories increase for period
Cash decreases
Notes payable increase for period
Bonds redeemed for period

SEC Web Site Demonstration

Demonstrate how to locate SEC data and various financial statements.

Select any publicly traded organization (e.g., your employer may be a good choice). Locate the organization on the SEC’s Web site at http://www.sec.gov. Use the EDGAR database on the SEC Web site to view the organization’s 10k filing. Also, search for the company’s standard industrial classification (SIC) code. Retrieve the different financial statements in the 10k filing. Check out the footnotes in the financial statements. Discuss any emerging issues that are evident on the SEC Web site.

Let's do an example in case you have trouble. You will need to write this down or print it out somehow so you can use this example to get to the information.

Click on the SEC Link in the instructions; it will take you to the SEC Home page. You can explore that for a while. But to get to our sample information, in the second column and under the second blue bar "Filing & Forms (Edgar)" click on "Search for Company Filings".

On that page under "General Purpose Searches" click on "Companies and other Filers".

On the next page type "Wal Mart" (without quotes and make sure you put in the space and do not use a "-"; just Wal Mart) the click on "Find Companies" at the bottom of the box.

Now see "Wal Mart Stores Inc?" Note the SIC Code just below it.

Click then on the 0000104169 and take a look at all the information there. Look down the page at all the information filed by Wal Mart with the SEC. Note you do not see a 10K form???? Click on "Next 40." Not too far from the top you will finally see the 10K!!! Click on "html" for the 10K then on the next page to get to the beginning of it click on "d10K.htm." You are there. Wal Mart's most recent 10k will come up.

Explore this; it is quite long and quite detailed. I suspect you will be amazed to see how much information a company must share with the world and how much is available to you if you go looking. Take a good hard look over this document.

Do some research on this site to tell us just what a 10K is?

Give it a try, and then try another publicly traded company. Try a big one; it will be easier for you to isolate. If you cannot get any further than Wal Mart, you can discuss what you find about them for this assignment. However, TRY to select different companies so the entire class is not researching the same company. We will all learn more this way.

I need Support on this

Week 3 Individual Case Study Assignment 1

Cash flow forecasts and projected financial statements

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For the following Individual Case Study, you assume the role of someone who has been asked to provide a Business Report for a group of friends who have invested in an organisation, Fashion Clothing. They had heard you are taking an Accounting and Finance Module and have asked for your advice.

The scenario

A group of friends have formed a new business called Fashion Clothing, an online and mail-order clothing business, in which they have invested £200,000 of their own capital. They intend to manufacture and sell quality clothes. They have set up the business and are selling direct to the final consumer, using a combination of aggressive marketing across a range of different media and also with the use of an automated Web site that accepts online orders. To support this, they also have a department of telephone sales and support staff ready to help customers. The sales staff work in teams and receive a basic salary plus commission for each successful sale. By the start of July 20X5, they have spent £150,000 on tangible non-current assets, and they currently have the remaining £50,000 in their business bank account.

They provide you with the following forecasted figures for their first 6 months of trading:

£

Sales for the next 6 months

1,350,000

Cost of the materials used up in sales

390,000

Labour costs for the 6 months

480,000

Other expenses for the 6 months, including marketing costs and £15,000 depreciation of tangible non-current assets

345,000

Materials purchased during the 6 months

520,000

Their projected cash receipts and payments are estimated to be as follows:

Month (20X5)

Sales Receipts

Payments for Materials

Labour and Other Expenses

£

£

£

July

150,000

120,000

These payments are divided equally over each of the 6 months.

August

120,000

100,000

September

150,000

60,000

October

210,000

60,000

November

260,000

60,000

December

285,000

60,000

Totals

1,175,000

460,000

In addition to the above, they expect to have to pay a tax bill of £20,000 in December 20X5 and also plan to buy (and pay for) £30,000 additional tangible non-current assets in that same month. All transactions will go through their business bank account.

Required

You are asked to provide a Business Report (1,000 words for the main body of the report) for the friends who have invested in Fashion Clothing, commenting on the business’ prospects and including the following five financial statements:

Since none of the investors have a background in accounting and finance, you should also explain what each of these statements means as a part of your report.

  1. An opening statement of financial position at the start of July 20X5.
  2. A monthly cash flow forecast, showing the bank balance at the end of each of the 6 months and indicating what level of overdraft facilities the friends need to negotiate with their bank manager. Explain what additional expense they should take into account as a result of needing this financial assistance (overdraft).
  3. A projected income statement for the first 6 months of trading.
  4. A projected statement of financial position for Fashion Clothing at the end of its first 6 months of operations.
  5. A projected statement of cash flows for the first 6 months of trading and using the indirect method.

Keep the following in mind:

  1. Using a spreadsheet may help you to produce your cash flow forecast. Remember here that £150,000 of the initial £200,000 has already been spent. Hence, your opening bank balance should be £50,000. Your closing bank balance should be included in your statement of financial position as at 31.12.20X5.
  2. Think carefully about the £15,000 depreciation charge when working out your monthly cash outflows for labour and other expenses.
  3. Also think carefully about the figures for closing stocks (inventories), creditors (payables) and debtors (receivables).
  4. Please remember that your qualitative analysis and explanation of your five statements are justas important as the calculations themselves. These, together with your presentation of a professional report, will contribute towards your grade for this assignment.
  5. Please be sure to re-visit the Key Concept Overviews for Weeks 1 and 2, as well as Week 3. These should serve as a reminder of the accruals concept, plus the difference between a cash flow forecast and a statement of cash flows. They also include detailed numerical examples that should assist with your calculations for your financial statements.

Ideally a business report should be produced with a suitable structure and quality of discussion around the following key areas:

Executive summary

Table of contents

List of figures

  1. Introduction
  2. Main financial findings.

2.1 Summary of the first 6 months business operations

2.2 Financial accounting statements

  1. Analysis

3.1 Initial analysis in context of the three financial statements.

3.2 Investigations to increase efficiency

  1. Conclusion
  2. References

ANNEX I: Statement of financial position Fashion Clothing – 01.07.20X5 and 31.12.20X5

ANNEX II: Income statement Fashion Clothing – 6 months to 31.12.20X5

ANNEX III: Statement of cash flows Fashion Clothing – 6 months to 31.12.20X5

ANNEX IV: Projected cash flow forecast for the first 6 months of trading

To complete the assignment:

  • Be sure to read over your Individual Assignment before submitting it to your Instructor. Make sure the spelling and grammar are correct and the language, citing and referencing you use when providing your opinion are appropriate for academic writing.



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