Financial Data Analysis

HCS 577 HCS557 Week 3 Individual Assignment Financial Data Analysis

Financial information may have significant differences from one year to the next. Review the financial statements for Patton-Fuller Hospital for 2008 and 2009, as well as the narrative information from the Annual Report.

Resources: Financial Statements under Chief Financial Officer in the Patton-Fuller Hospital Virtual Organization, Financial Data Analysis Grading Criteria located on your student website

Select Downloads from the Financial Statements tab under the Chief Financial Officer link in the Patton-Fuller Community Hospital Virtual Organization on your student website.

Download the Microsoft® Excel® versions of the 2009–2008 Balance Sheet (Audited) and 2009–2008 Statement of Revenue and Expense (Audited).

Write a 700-word analysis of the audited financial statements of Patton-Fuller Hospital for 2008 and 2009.

Include in your analysis:

Identify significant changes between the years.
Provide possible explanations for all variances greater than +/- 5% based on information in the Annual Report.

Include in your Microsoft® Excel® worksheets:

Balance Sheet in a Microsoft® Excel® document including columns for the following:

2008 financial data
2009 financial data
The amount of change in dollars
The percent change

Statement of Revenue and Expenses in a Microsoft® Excel® document including columns for the following:

2008 financial data
2009 financial data
The amount of change in dollars
The percent change

Submit the Microsoft® Excel® worksheets with the written analysis.

Format your assignment consistent with APA guidelines.

Note. Word count does not include the Balance Sheet or Statement of Revenue and Expenses.

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