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Home>Homework Answsers>Nursing homework helpFinal Project: Milestone OneFor additional details, please refer to the MILESTONE ONE RUBRIC AND GUIDELINES attached below – ALL INSTRUCTIONS ARE THEREThe Organization to use is for this project:Venice Family ClinicFurther information to help answer assignment!At the most basic level, every type of business, including healthcare organizations, must analyze their financial position through the lens of their ability to operate as agoing concern. Agoing concernis essentially an accounting term that means the organization will continue to operate into the future. Is your organization (Joslin or Venice) operating as a going concern? Tell me!This ability is really determined in three main ways:Can the hospital cover its expenses with its revenues (or at the very least, do expenses equal revenues so there is no loss)?Does the hospital have enough capital to finance operations in both the short and long term?Does the hospital have the ability torenewitself?The first metric will be our focus at this point in the course as it is the quickest way to determine the financial condition of an organization. The other two use many other metrics that take into account the organizations future ability to generate cash and income should certain scenarios / investment decisions be made.#1. The easiest way to answer this question is to compute themarginwhich is determined as follows:(Revenues – Expenses)RevenuesAnother way to answer this question is to compute thecurrent ratiowhich is determined as follows:Total Current AssetsTotal Current LiabilitiesThere is not a fixed rule as to what is “good” or “bad.” Usually it really does just depend on the area the facility is operating in and what is going on that year. For example, an organization that decided to pay off a great deal of its long-term debt in one year (or purchase a large piece of equipment) may appear to have a lower margin that one year. In cases like that, you may have a low or even negative margin but a decent (say >2.0) current ratio. Seemingly, they conflict but put in context they make sense.If you are given more than one year of financial data (which you are…) then you should be able to calculate the ratio for each year and determine if you are getting better or worse and hopefully why.Look for large changes, such as big equipment purchases or debt financing.MilestoneOneGuidelinesandRubric.pdf6 years ago10.11.201920Report issueAnswer(1)brilliant answers4.8(3k+)4.9(349)ChatPurchase the answer to view itVenicefamilyclinic.docxfamilyclinic.pdfVenicefamilyclinic.docx6 years agoplagiarism checkPurchase $20Bids(62)Prof Double RQuality AssignmentsAllRoundBest TutorGuru OliviaDr_BiyaMadam MichelleAmanda SmithOriginal GradeHomework Prouniversity workUrgent TutorProf. EsmeraldaDr_inaayaDr JamlicQuickly answerwizard kimbrilliant answersbennetsandovaDoctor OkumuCatherine Owensother Questions(10)TelehealthCMIT 320 Final Project Network Security For a Small Accounting firm CMIT320 Final Project Network Security For a Small Accounting firmBus analysis helpAlternative production opportunities.Eco Discussion 4bio presentationFor Pro MauriceAdvance writing assignmentPayment link1

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