Running Head : Ratio AnalysisFinancial wellness of theUniversity ambulant authorize upkeep Center[Name Of Student][Name of University]12 February 2009The Board of TrusteesUniversity Ambulatory safekeeping CenterSub : Financial Health of the University Ambulatory Care CenterSir / MadamReference to the aforementi angiotensin-converting enzymed and my fittingings with the Chief Financial officer and the controller , I have made a perfect look backward of the monetary health of the University Ambulatory Care Center (UACC ) and largess my findings below .
My analysis aims to underpin the financial standing of the UACC from a Profitability , Liquidity , Activity and Solvency (capital organise ) point of ascertain , encompassing the changes in these variables over the sometime(prenominal) 1 yearI look forward to that this would provide valuable stimulant for your delibe rations and aid you in determination making with regard to the financial aspect of the health care facilityLiquidityAccording to Schweser (2008 , the most important yardstick for measuring the liquidity of a firm is to look at its new ratio (P .85 . This is evidently current assets (assets that are of a short term temperament and readily convertible into silver ) divided by the current liabilities (obligations attaining cod within one year . The ratio tells as to how many current financial resources exist to meet near short term obligations as and when they fall due . The current ratio for the UACC has im! proved intimately from 1 .25 (2006 ) to 1 .84 (2007 ) as a result of change magnitude accounts receivables (28 ) and a fall in current liabilities (31 , indicating that...If you want to pick up a safe essay, order it on our website: BestEssayCheap.com
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