WGU C428 Financial Resource Management in Healthcare Bundle

Costs Cash Capital Control - Answer Finance within a healthcare organization can be condensed into the "four Cs": Treasurer - Answer The finance department manager who handles capital acquisition, investment management, and risk management activities Comptroller - Answer The finance depar...

Accounting - Answer The measure and recording of events that reflect the operations, assets, expenses, and other financing of an organization. Breakeven Analysis - Answer Determines the point when the investment in the project will generate a positive return. Business Manager or SBU Manager - ...

Direct Costs - Answer Costs that can be specifically identified with a particular project or activity. Direct Labor - Direct Materials - Manufacturing Supplies Indirect Costs - Answer Costs that are the result of general operations and are not directly tied to any specific project or activity ...

ROE (Return on Equity) - Answer Net Profit ÷ Total Equity ROA (Return on Total Assets) - Answer Net Income/Total Assets GPR (Gross Profit Ratio) - Answer gross profit divided by net sales (100) NPR (Net Profit Ratio) - Answer Net Profit After Tax/Net Sales (100) TM (Total Margin) - Answ...

Total Profit Margin - Answer Net Income/Total Revenue. Measures the ability to control expenses (dollars of income per dollar of revenue) Higher the Total Margin, the lower the expenses relative to revenues Total Margin is lower than the industry average = indicating the expenses are higher th...

vertical analysis - Answer expresses each item in a financial statement as a percentage of the same base amount Quick Ratio - Answer (Current Assets - Inventory) / Current Liabilities Current Ratio Equation - Answer current assets divided by current liabilities (Good is in-line/slightly better...