Health care financial management | bestnursingtutor.com

Health care financial management | bestnursingtutor.com

healthcare Financial Management
Place an “X” in the appropriate classification for each balance sheet item listed below.
Short-Term
Asset
Long-Term
Asset
Short-Term
Liability
Long-Term
Liability
Payroll taxes due
Accounts receivable
Land
Mortgage payable
(non-current)
Buildings
Note payable
(due in 24 months)
Inventory
Accounts payable
Cash on hand
Assignment Exercise 3–1: Assets and Liabilities
Review the chapter text about assets and liabilities and Exhibits 3-1 and 3-2.
Required
1. Find three separate references to assets and to liabilities in health care organizations in published news sources such as The Wall Street Journal or Business Week.
2. Based on this information, comment on whether the assets and/or liabilities that you have found appear to be current (short-term) or long-term. What led you to believe this?
3. If you were the author of these articles, would you have been more specific? If so, why? If not, why not?