In: Finance
How to design and create a projected three-year financials statement,
including the capital budget, for intermountain healthcare in Utah?
1.How to design and create a projected three year financial statement including the capital budget,for inter mountain health care in utah?
A) The mission of inter mountain health care is excellence in provision of helping people live in the healthiest way possible.it is a not for profit corporation that has been exempted from the federal income tax as a charitable organisation.it is also the sole corporate member of the select health inc.It provides hospital and other medical services in utah and idao and also offers integrated managed care under the insured brand select health.These lines describes about the great organisation inter mountain and its effort to provide the best to the people.now let us talk about the financial aspects of the inter mountain in detail
In order to design and create a projected 3 year financials statement we need to asses the policies and procedures it follows
PRINCIPALS OF CONSOLIDATION : The consolidated financial statements include operations of inter mountain and the health care and its affiliated companies which include health service and select health inter company balance and transactions have been eliminated in consolidations
USE OF ESTIMATE : The principal of consolidated financial statements has been estimated through the operation of the daily working capital and the estimates of the long term investment by using capital budgeting criteria and the assets liabilities and revenue expenses.due to uncertainties inherent in this conditions process..there is a least possible response..
CASH AND EQUIVALENTS : It consists of deposits with bank and highly liquid investments and they are quite used with the fair amount of the assets and the distribution
so they are plenty of the policies that the firm follows now we will have a look to create a financial statement
They are many ways in which we can impart the knowledge of finance through the assets of the organisation one way of it is by estimating the minimum capital requirement that is used to enhance the growth of the firm that is called the investment criteria which is also known as CAPITAL BUDGETING and in order to excel the usage of the terms like the NPV,IRR,ARR we should be able to build the requirement that is called need,It can be of many ways that is regular requirement and the long term one..through the criteria we have explained in the above statements we can forecast the growth of the inter mountain health care.