Suggest the financial ratio that most financial analysts would use to evaluate the financial condition of the company

Assignment 2: Using Financial Ratios to Assess Organizational Performance

Due Week 6 and worth 240 points

Using the financial statements from your selected health care organization in Assignment 1, develop a financial plan for the next three (3) years.

Write a four to five (4-5) page paper in which you:

  1. Suggest the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Provide support for your rationale.
  2. Speculate on the organization’s ability to meet its financial obligations as they come due. Provide support for your rationale.
  3. Based on your ratio analysis, determine whether the profitability trends are favorable or unfavorable and explain your rationale.
  4. Using financial ratio analysis, predict whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Provide support for your prediction.
  5. Use at least two (2) quality academic resources. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Evaluate the financial statements and the financial position of health care institutions.
  • Describe the overall planning process and the key components of the financial plan.
  • Use technology and information resources to research issues in health financial management.
  • Write clearly and concisely about health financial management using proper writing mechanics.
  • Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.
    Points: 240 Assignment 2: Using Financial Ratios to Assess Organizational Performance
    Criteria Unacceptable

    Below 70% F

    Fair

    70-79% C

    Proficient

    80-89% B

    Exemplary

    90-100% A

    1. Suggest the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Provide support for your rationale.

    Weight: 20%

    Did not submit or incompletelysuggested the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Did not submit or incompletelyprovided support for your rationale. Partially suggested the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Partially provided support for your rationale. Satisfactorily suggested the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Satisfactorily provided support for your rationale. Thoroughly suggested the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Thoroughly provided support for your rationale.
    2. Speculate on the organization’s ability to meet its financial obligations as they come due. Provide support for your rationale.

    Weight: 20%

    Did not submit or incompletelyspeculated on the organization’s ability to meet its financial obligations as they come due. Did not submit or incompletelyprovided support for your rationale. Partially speculated on the organization’s ability to meet its financial obligations as they come due. Partially provided support for your rationale. Satisfactorily speculated on the organization’s ability to meet its financial obligations as they come due. Satisfactorily provided support for your rationale. Thoroughly speculated on the organization’s ability to meet its financial obligations as they come due. Thoroughly provided support for your rationale.
    3. Based on your ratio analysis, determine whether the profitability trends are favorable or unfavorable and explain your rationale.

    Weight: 20%

    Did not submit or incompletely determined whether the profitability trends are favorable or unfavorable and did not submit or incompletely explained your rationale. Partially determined whether the profitability trends are favorable or unfavorable and partially explained your rationale. Satisfactorily determined whether the profitability trends are favorable or unfavorable and satisfactorily explained your rationale. Thoroughly determined whether the profitability trends are favorable or unfavorable and thoroughly explained your rationale.
    4. Using financial ratio analysis, predict whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Provide support for your prediction.

    Weight: 25%

    Did not submit or incompletelypredicted whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Did not submit or incompletelyprovided support for your prediction. Partially predicted whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Partially provided support for your prediction. Satisfactorily predicted whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Satisfactorily provided support for your prediction. Thoroughly predicted whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Thoroughly provided support for your prediction.
    5. 2 references

    Weight: 5%

    No references provided Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
    6. Clarity, writing mechanics, and formatting requirements

    Weight: 10%

    More than 6 errors present 5-6 errors present 3-4 errors present 0-2 errors pr