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- to 1,050-word analysis of the audited financial statements of Patton-Fuller Hospital for 2008 and 2009.

Include in your analysis: •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

•Identify significant changes between the years. •Provide possible explanations for the change based on information in the Annual Report.

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.

Financial Data Analysis