Critical Thinking

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Prompt – DUE TODAY 6/13 – APA format- 2 pages- 2 references

Prompt – DUE Saturday 6/12 – APA format 2 pages – 2 references

Variance Memo

For your critical thinking assignment this week, write a 2 page memo to your Chief Executive Officer describing the variances and changes in the income statement and balance sheets for Good Samaritan Medical Center. For this assignment:

  • Review the income statement which is Exhibit 11.2 on page 327 of our text and the balance sheet which is Exhibit 12.2 on page 356.
  • Describe the differences or changes from 2015 to 2016 relating to the income and expenses of the firm.
  • Describe the differences or changes from 2015 to 2016 relating to the Balance Sheet.
  • You should provide some hypothetical situations of why changes occurred between 2015 at 2016.
  • Recommendations of future financial stability of the hospital based on these financial documents.

Requirements:

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