Financial analysis of Community Health Systems and HCA, Inc Assignment

Financial analysis of Community Health Systems and HCA, Inc - Assignment Example There are many reasons for someone to explore a firm’s financial statements. Investors use it to explore potential returns on their capital investment, managers explore to assess performance, and the government reviews them for legal compliance. The final analysis for HCA & CHS will be presented from the prospective of the investor. In order for the investor to understand the return on an investment, he/she must examine the firm’s quality earnings. Quality earnings are different from profit. Profit could mean the firm is just breaking the even point that enables the firm from incurring losses. Maybe the profits are being absorbed by debt. Many firms hide debt in the financial statement notes. Consequently, investors willing to invest in a given organization should not evaluate the viability of the investment from the face value of the financial statements. Assessing a firm’s worth involves a deeper understanding of the firm and its industry. Ratio analyses are ve ry useful in that understanding. In the next few pages, you will find a vertical ratio and horizontal analysis for subject firms. HCA’s financial data was easy to comprehend due to the concise and clear presentation of the consolidated statements. In addition, the accompanying financial notes helped in understanding the origin of the figures in the financial statements. Most of its financial data are easily translated into terminology used in the Excel template. The financial data of HCA was presented in the millions while Community Health Services was listed in the thousands. To make the two firms’ financial statements more comparable, Community Health Services numbers were divided by 1000 to convert it to millions. Cost of goods sold for the firms is actually labeled â€Å"Revenues before the provision for doubtful†. The healthcare industry has a large provision for doubtful

Weathering and Mass Movement Event Essay Example | Topics and Well Written Essays - 250 words

Weathering and Mass Movement Event - Essay Example (Kawamura, 2008).. This is the downward movement of rocks and regolith on the earth’s surface due to gravitational force. Mass movements have significance to the process of erosion. It moves materials from the higher elevation to lower elevation. The type of mass movement showed was slope failures; This is a type of slide whereby there is a downward rotation of regolith and rocks along the concave upward surfaces. The upper part of the block remains undistributed. The moved slump leave scars on the hill slope. It is caused by heavy rain and earthquakes. On rocky slope it is caused by chemical compositing of the rocks as seen in picture A (Kawamura, 2008). Rock slides result when rocks fall down a pre-existing surface such as foliation surface, or joint surface. Frequently the spaced fractures in rock are caused due to expansion that occurs during cooling and of the rock mass. It occurs when a rock falls down slope. The debris is similar except that they contain regolith, and rocks. The effect of this collision is that the rocks break more in size and deposit down hill; talus. Single and mass rock are forms of rock fall. Some of the rural areas show relatively week slope stability and are more susceptible to landslides because of the nature of the area’s soils, landslides are also triggered with other natural hazards such as heavy rains, floods, earthquakes and wildfires, landslide also destroy property and infrastructure and mass movement occur slowly or it takes time: warning time. Due to the above reasons people have resulted to move to urban areas that are free and

Knowledge Management And Organizational Learning Essay

Knowledge Management And Organizational Learning - Essay Example As Noe (2002, p. 168) noted, knowledge management is a management process that the performance of a business can be enhanced by designing, implementing and strategically aligning various tools, processes, systems, structure and cultures with a view to create and share knowledge among its people and to use for overall business purpose. The very basic three elements included in Knowledge management are 1) creation of the knowledge through some effective strategies, 2) sharing of the created knowledge among people and 3) making it available and useful for any business purpose.   Knowledge Management has been found to be useful for the organization as it helps it get the products to the target market quicker, develop innovative ideas, serve the customer well in order to maintain customer loyalty and retention and achieve sustainable competitive advantages. As Boxall and Macky (2009, p. 10) emphasized, knowledge management helps a business achieve high performance working through variou s strategic processes and organizational development programs.   Knowledge Management has emerged to be a management tool that focuses on data, information and knowledge among the employees in an organization (Awad and Ghaziri, 2007, p. 26) and encompasses the processes by which experience, skills, expertise, knowledge and abilities are gathered, then shared among the people and utilized so that these can be converted to collective organizational learning process (Foster, 2005, p. 397).  

Economics term papaer Paper Example | Topics and Well Written Essays - 1000 words

Economics papaer - Term Paper Example It would help in tightening the liquidity of the economy. It can be depicted that when such reserves are made by the commercial banks with the Central Bank then it has an impact upon the balance sheet of both the banks i.e. the Central Bank and the commercial bank. At the outset, there will be rise in the Central Bank’s liabilities since the quantity of deposits that the commercial bank is supposed to keep with the Central Bank is rising by 0.5%. Conversely, the assets side of the commercial bank will be impacted. There will be rise in the assets side of the commercial banks. It can be treated as deposits at other banks, so in the balance sheet there will be rise in the deposits at other banks too. Question Two It can be stated that there are four basic components of the GDP. They are consumption, investment, government spending and value of exports and imports. The GDP of an economy is calculated by adding up the value of expenditures on the consumption, value of the expendit ures in investments, rate of the government procurement of goods and/or services, value of exports of the goods and the services minus the value of the imports of the goods and the services. ... All the three components of the GDP will be impacted. The reason behind this is that when the inflation is controlled then the rate of consumption will increase and thus the economy will be able to invest more. Thus, there will be rise in the consumption, along with rise in the investment and government spending. There will be rise in the exports as well. Effects on the Equilibrium and Aggregate Expenses It can be demonstrated that since the consumption will rise, it is quite obvious that there will be rise in the production as well. Therefore, the equilibrium real GDP will increase. Question Three The term ‘money multiplier’ can be figured out as the volume of money supply in relation to the volume of the base money. It is worthwhile mentioning that when the reserve deposit ratio or the cash deposit ratio is lower then, the money multiplier tends to be higher. The case of China is just the opposite. It can be demonstrated that when the economy plans to raise the reserve ratio requirement for the banks the money multiplier tends to shrink. Investment Multiplier It has been noticed that Central Bank planned to augment the rate of interest. If the rate of interest augments then more and more investors get attracted towards the bank. Although paying up of augmented interest rate is an increased cost for the Central Bank, but on the flip side, it can be viewed that the rise in the interest rate may tend to make it quite attractive for the international investors to purchase Renminbi and thus invest those Renminbi in China. With the rise in the interest rates, the income tends to rise thus forcing the consumers to invest in other sectors of the economy as well leading to growth in the overall economy (Bradsher, â€Å"China Move Could

The development of Tesco Essay Example | Topics and Well Written Essays - 2000 words

The development of Tesco - Essay Example Table 1 shows the historical timeline of Tesco. The first column shows the year when the events happened. The second column gives more details by revealing the developments which occurred in the business organization. The development of Tesco can be divided into three distinct phases: formation; postwar development; and expansion. The first phase starts with the foundation of the company in 1919 and ends with formal opening of the first Tesco store in Burnt Oak, Edgware, London. Postwar development commences with the retailer's initial public offering (IPO). Rapid growth was witnessed as Tesco opens its first supermarket and superstore. The last phase features the rapid expansion of Tesco PLC both in new product areas and geographic region. Throughout this stage, the company utilized the new trends in global retailing to enhance its products and services. As with any other business organization, the retailer is also exposed to the risks and challenges present in the current global business arena. It is irrefutable that environmental factors are pivotal in shaping the landscape where each organization operates. As Kotler puts it, organizations are now operating in a hypercompetitive business environment where there is a more intense rivalry among industry players and higher buyers' leverage. These factors become the main challenges and uncertainties within which each competitor like Tesco must tailor its strategy for. With its expansion stage,

Marketing plan for amazon.com Research Paper Example | Topics and Well Written Essays - 1500 words

Marketing plan for amazon.com - Research Paper Example cific industry in which Amazon.com operates, the organization requires a holistic marketing strategy associated with the Amazon name rather than attempting the laborious and costly activity of differentiating each and every market in which the company maintains a presence. Therefore, the company should be focusing on building a brand personality for the company as a whole, making a variety of markets gain favorable impressions of the company and not the products or industries in which the business operates. The marketing strategy is to ensure that disparate consumer segments build a perception of brand preference for Amazon.com over its plethora of different competitors. Brand preference is defined as the level to which consumer segments prefer a company or brand after weighing equality related to product availability and pricing structures (Boone & Kurtz, 2007). It is the extent to which consumers would rather make purchases with one company over other competitive offerings in an established market. Advertising is a powerful influence in creating brand preference (Jedidi, Mela & Gupta, 1999). Price is also a substantial persuasion that impacts the level of demand that companies can expect which is an indicator of brand preference (Draganska & Jain, 2006). Amazon.com, as a company that has been in operation since 1994, has already established brand recognition and brand awareness with millions of consumers which is justified by attained revenues of $61.09 billion in 2012 (Amazon, 2013). However, if the company can establish brand preference, it will open many new market opportunities and increase market share for this company that is still in the growth stage. Companies that have managed to establish brand preference experience higher revenue growth and can even allow organizations to charge higher prices since consumers believe in the quality and integrity of the brand (Chaudhuri & Holbrook, 2001). To accomplish this goal of establishing more significant brand

PBS Frontline Documentary, The Storm Research Paper

PBS Frontline Documentary, The Storm - Research Paper Example It is clear from the film that the natural disaster was broadly predicted and thus the government was provided with enough time to facilitate a timely and effective response. However, that was not the case as the highly bureaucratic structure of the government made it hard for decisions to be made. The author also reviews the changes that have taken place within the government response system since the occurrence of the disaster. It is important to note that Hurricane Katrina took place four years after the 9/11 attacks, and three years after the government created the Department of Homeland Security (DHS). This was also just a year after a National Response Plan was created by the DHS. Regardless of the increased attention that was directed towards homeland security after the 9/11 attacks, the government failed in its response towards Hurricane Katrina (Moynihan 14). The film by Marti Smith focused on the failures that were experienced on the side of the government after occurrence of the disaster. Nevertheless, it is important to note that as much as the film merely mentions them, the major failure of the government was lack of response to the risk factors of the storm prior its occurrence (Cooper and Block 89). Case in point, the risk of occurrence of a major hurricane in New Orleans had been established and various avenues of warnings were exploited, which even led to emergency declarations days before the landfall. However, the responders did not convert such information into the preparation level that is appropriate for the impending disaster’s scope. The weakened response of the intergovernmental response system in the US could also be attributed to the authority’s dispersed nature. As such, this led to poor recognition among the federal responders of the need to engage more actively in combating the disaster. The capacities of most of the major institutions in the management of the response at different levels of