Patten Fuller

Financial Data Analysis Patton Fuller Community infirmary is a stock corporation that owns the infirmary and its related functions. This news report analyzes the pecuniary carrying into action of Patton-Fuller infirmary for the course 2009. The financial performance of the yr 2009 has been compared with performance in 2008. Both the statement of tax and expenses and vestibular sense tacking has been compared. The amount of transpose and lot change is computed. hearty changes between the familys in Balance sheet In the category 2008, the trustworthy assets were $13,026 while in 2009 they amounted to $127,867. thither was a decrement of assets by $2,159. The component of the decrease was 1.66%. The voice of amplification orients that the infirmary was performing well. The amount of money assets for the category 2008 were $ 548,535 while in the twelvemonth 2009, they were $587,767. The amount of total assets maturation by $ 39,232. The percentage of the increase was 7.15% .This indicates that Patton-Fuller Community Hospital was doing well. The hospitals total current liabilities for the year 2008 were $ 8,380 while in the year 2009, they were $23,807. The increase in the total liabilities was $ 15,427. This shows that the company increase its borrowing.

For example, the accounts payable in the year 2008 were $4,185 while in 2009, they were $9,198. This shows that the hospital purchased more inventories on credit. The biggest part of current liabilities in the year 2009 is long call debts current portion. The long term debt increased by $ 10,414. The total liabilities for Patton-Fuller Co! mmunity hospital in the year 2008 were $213,450. This amount increased to $462,153 in the year 2009. The percentage increase was 116.50%. This indicates that the hospital make more borrowings in the year 2009.The financial statements of the hospital indicate that there was no change in equity. The amount of rough-cut stock in some(prenominal) years was $50. Also, there was no additional paid in capital....If you want to get a full essay, order it on our website: OrderCustomPaper.com

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