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Posted: October 27th, 2022
ASS103
#ASS103
Directions
You’re the chief monetary officer (CFO) at a group hospital. One of many feedback that has come again from affected person surveys is the necessity for a business 24-hour pharmacy throughout the hospital. On this means, sufferers or their households will be capable of fill prescriptions and start taking ordered remedy straight away as an alternative of ready till the next day. The chief government officer (CEO) needs you to create a proposal for the primary three months of operation using time worth of cash instruments for the event of this new revenue-generating division. The next factors have to be lined in your proposal:
Embrace and talk about the necessity for working capital to incorporate 2 months of startup drug stock, vendor financing preparations, personnel prices together with salaries and advantages, renovations, disposable provides, and value of kit
Present 2 viable choices to measure the speed of return to optimize monetary efficiency of the division based mostly on time worth ideas with rationale and justification. Embrace and talk about the necessity for working capital, which ought to embody two months’ price of startup drug stock, vendor financing preparations, personnel prices (together with salaries and advantages), renovations, disposable provides, and gear prices.
Present two viable choices for measuring the speed of return to optimize the division’s monetary efficiency based mostly on time worth ideas, together with rationale and justification.
Embrace a profitability Assessment for three years.
Embrace a schedule of assumptions on your proposal. What questions would possibly the board ask relating to feasibility of this proposal?
How would possibly present modifications in federal, state, and native insurance policies affect choices to be made?
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