Prior to completing this discussion, read Chapters 19, 21, 22, 23 in your course text. For your initial post, answer the following questions:
- What is working capital, and how would you calculate it?
- How can the healthcare organization improve their working capital?
- What are the great approaches for cash management? If you were the controller in charge of managing cash, what methods would you take, and why?=
Your initial post must be 300 to 350 words.
- Prepare a cash budget (Links to an external site.)Links to an external site.. Retrieved from http://www.va-interactive.com/inbusiness/editorial/finance/ibt/cash_bud.html
- This article uses examples to demonstrate the process of preparing a cash budget.
Textbook Powerpoint Presentations
- Chapter 19 Capital Project Analysis
- Chapter 20 Consolidations and Mergers
- Chapter 21 Capital Formation
- Chapter 22 Working Capital and Cash Management
- Chapter 23 Developing the Cash Budget
- HFMA PowerPoint Presentation Disbursements
- HFMA PowerPoint Presentation Contract Management