Explain the financial position of St. Anthony Medical Center by comparing assets and liabilities.
Explain means to make something (an idea, situation, or problem) clear to someone by describing it in more detail or revealing relevant facts or ideas.
Explain the financial position of St. Anthony Medical Center compared to previous years.
Explain how accounts receivable changed from previous years.
Analyze the financial obligations of St. Anthony Medical Center and their implications for the upcoming year.
Analyze means to examine methodically and in detail the constitution or structure of something (especially information), typically for purposes of explanation and interpretation.
Some prompts to help guide you in your analysis are:
Do assets exceed liabilities?
What does this tell you about the financial position of St. Anthony Medical Center?
How has the financial position of St. Anthony Medical Center changed since last year?
How has it changed since the year prior?
How have the accounts receivable changed from previous years, and what does this tell you?
Using the balance sheet, what financial obligations does St. Anthony Medical Center need to consider in the upcoming year?
The goal of this analysis is to create an accurate picture of the financial trends for St. Anthony Medical Center, its current financial obligations, and how the upcoming fiscal year projects in light of this information.