HSA 525 WEEK 4

HSA 525 WEEK 4

HSA 525 Week 4,

week 4 analysis preview

Introduction

The organization Universal Health Services is a major health care organization in the United States of America. The organization provides various health care services. This paper will discuss financial health care of Universal Health Services. The strategy to improve the financial health of the organization will also be taken into consideration in the present situation. The financial analysis of the organization will be carried out for a period of three previous years.

Review of the Financial Statements

The financial statements of the organization will be used by various stakeholders. The stakeholders who will use the financial statements of the organization will include employees, investors, shareholders and the management of the organization (Shim & Siegel, 2007). In relation to the financial statements of the organization certain things are required to be taken into consideration. The revenues generated by the organization, the profits earned by the organization and the level of current assets and current liabilities of the organization are the crucial things which are necessary for the purpose of above mentioned stakeholders.

In relation to the review of financial performance of the organization, it is provided that, the revenues of the organization has increased from $6,760,222 to $6,961,400. There has also been an increase in the net income of the organization. The net income in the year 2011 was at the level of $398167. This increased to the level of $443446 in the year 2012. This shows that, the

Solution 8-1
a.1.
		Assumptions	FIFO Inventory Effect
	Sales (Revenue)	1000 Units @ 90		$90,000
	Cost of Sales:
	Beginning Inventory	500 Units @ $50	$25,000
	Plus: Purchases	400 Units @ $50	$20,000
	Purchases http://www.homeworkproviders.com/shop/hsa-525-week-4/	100 Units @ $65	$6,500

Solution 8-2
1	Using the LIFO Information:
	Beginning Inventory	$25,000
	Plus: Ending Inventory	$20,000
	Average Inventory	$22,500

Solution 8-3
1	Lab. Equipment Cost	$300,000
	Expected Life	5	Years

Solution 8-4
	Purchase of Equipment	$500,000

Solution 8-5
1	Units-of-Service: Depreciation of 5 Years with no salvage value
		Depreciation Computation
	Cost to be Depreciated	Units of Service Per Year	Depreciation Per Unit	Annual Deprec. Exp.	Acc. Depreciation	Net Book Value
Year 1	$50,000	2,200	$5	$11,000	$11,000	$39,000
Year 2		2,100	$5	$10,500	$21,500	$28,500
Year 3		2,300	$5	$11,500	$33,000	$17,000
Year 4		2,200	$5	$11,000	$44,000	$6,000

Solution 9-1
Required 1	Computation of net paid days worked by a full-time employee
		Laboratory	Medical Records
	Total Days in Business Year	364	364
	Less: Two Days off Per Week	104	104
	Number of Paid Days Per Year	260	260

Solution 9-2
Required 1	Staffing Requirements Worksheet
		Shift 1	Shift 2	Shift 3	24 Hour Scheduling
		Day	Evening	Night	Total
	Position: Nursing Supervisor	2	1	1	4 8-Hour Shifts
	7 Days per week equals	2.8	1.4	1.4	5.6	FTEs
	Position: Technician	2	2	1	5 8-Hour Shifts

HSA 525 WEEK 4