3/3/25, 9:28 AM HMGT 3311 Final Exam 2025 update|comprehensive questions and verified answers (complete solutions) Exam|GRADE A+!! Fl…
HMGT 3311 Final Exam 2025
update|comprehensive questions and verified
answers (complete solutions) Exam|GRADE A+!!
Save
Terms in this set (41)
What is Horizontal Compares changes in a given line item between two
Analysis? consecutive periods (i.e., Cash in 20X0 vs. 20X1).
Relative weight of various line items to a base (i.e.,
What is Vertical Analysis?
current assets as a percent of total assets)
Trend analysis extends the concept of horizontal
What is Trend Analysis? analysis over multiple time periods, using the first
year as the base year.
Provide information about the financial
What is the purpose of performance of an organization which goes beyond
Ratio Analysis? that which is available from analyzing only one line
item at a time.
What are the 4 Liquidity; Revenue, Expense, and Profitability;
Categories of Ratios? Activity; and Capital Structure.
How well is the organization positioned to meet its
Liquidity answers?
short-term obligations?
Revenue, Expense and How profitable is an organization?" and 2) "How
Profitability ratios effective is it in controlling its operating costs and
answer? increasing its operating revenues?
How efficiently is the organization using its assets to
Activity ratios answers?
produce revenues?
Capital structure ratios How are the organization's assets financed?"; and 2)
answers? "How able is the organization to take on new debt?
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, 3/3/25, 9:28 AM HMGT 3311 Final Exam 2025 update|comprehensive questions and verified answers (complete solutions) Exam|GRADE A+!! Fl…
How capital structure Analyze the organization's ability to pay off its long-
ratios help? term debts.
How Liquidity ratios Analyze the organization's ability to pay off its short-
help? term obligations
That a health care organization collects its funds,
pays its employees, buys its supplies, and pays its
What is the function of creditors. Although non-current assets provide the
working Capital capacity to provide service, current assets and
current liabilities are used to turn that capacity into
service
1) Obtaining cash; 2) Turning cash into resources and
paying bills; 3) Using the resources to provide
What are the stages of services; and 4) Billing and collecting revenues
working capital? earned so that the cycle can be continued. It is
important to manage the working capital cycle to
ensure that cash is available when needed.
Approach the health care organization attempts to
maximize its returns by investing its funds in non-
liquid assets such as buildings and equipment. By
What is aggressive asset
minimizing its working capital in this way, the
mix strategies?
organization faces increased risk of inventory stock-
outs, lost customers from stringent credit policies,
and lack of cash to pay employees and suppliers.
A health care organization accepts lower returns
What is conservative with higher liquidity (typically earned on shorter-
asset mix strategies? term investments) to minimize its risk of not having
sufficient funds to pay current obligations.
That a 1.5% discount will be given if payment is made
within 15 days. "Net 25" means that if the discount is
What does "1.5/15 net 25"
not taken, then the full amount is due within 25 days.
mean?
The time between day 15 and day 25 is called the
"net period."
Are to accelerate cash receipts and to maximize the
Revenue cycle
ultimate
management.
collectable amount of the accounts receivable.
https://quizlet.com/1013053421/hmgt-3311-final-exam-2025-updatecomprehensive-questions-and-verified-answers-complete-solutions-examgrad… 2/6
HMGT 3311 Final Exam 2025
update|comprehensive questions and verified
answers (complete solutions) Exam|GRADE A+!!
Save
Terms in this set (41)
What is Horizontal Compares changes in a given line item between two
Analysis? consecutive periods (i.e., Cash in 20X0 vs. 20X1).
Relative weight of various line items to a base (i.e.,
What is Vertical Analysis?
current assets as a percent of total assets)
Trend analysis extends the concept of horizontal
What is Trend Analysis? analysis over multiple time periods, using the first
year as the base year.
Provide information about the financial
What is the purpose of performance of an organization which goes beyond
Ratio Analysis? that which is available from analyzing only one line
item at a time.
What are the 4 Liquidity; Revenue, Expense, and Profitability;
Categories of Ratios? Activity; and Capital Structure.
How well is the organization positioned to meet its
Liquidity answers?
short-term obligations?
Revenue, Expense and How profitable is an organization?" and 2) "How
Profitability ratios effective is it in controlling its operating costs and
answer? increasing its operating revenues?
How efficiently is the organization using its assets to
Activity ratios answers?
produce revenues?
Capital structure ratios How are the organization's assets financed?"; and 2)
answers? "How able is the organization to take on new debt?
https://quizlet.com/1013053421/hmgt-3311-final-exam-2025-updatecomprehensive-questions-and-verified-answers-complete-solutions-examgrad… 1/6
, 3/3/25, 9:28 AM HMGT 3311 Final Exam 2025 update|comprehensive questions and verified answers (complete solutions) Exam|GRADE A+!! Fl…
How capital structure Analyze the organization's ability to pay off its long-
ratios help? term debts.
How Liquidity ratios Analyze the organization's ability to pay off its short-
help? term obligations
That a health care organization collects its funds,
pays its employees, buys its supplies, and pays its
What is the function of creditors. Although non-current assets provide the
working Capital capacity to provide service, current assets and
current liabilities are used to turn that capacity into
service
1) Obtaining cash; 2) Turning cash into resources and
paying bills; 3) Using the resources to provide
What are the stages of services; and 4) Billing and collecting revenues
working capital? earned so that the cycle can be continued. It is
important to manage the working capital cycle to
ensure that cash is available when needed.
Approach the health care organization attempts to
maximize its returns by investing its funds in non-
liquid assets such as buildings and equipment. By
What is aggressive asset
minimizing its working capital in this way, the
mix strategies?
organization faces increased risk of inventory stock-
outs, lost customers from stringent credit policies,
and lack of cash to pay employees and suppliers.
A health care organization accepts lower returns
What is conservative with higher liquidity (typically earned on shorter-
asset mix strategies? term investments) to minimize its risk of not having
sufficient funds to pay current obligations.
That a 1.5% discount will be given if payment is made
within 15 days. "Net 25" means that if the discount is
What does "1.5/15 net 25"
not taken, then the full amount is due within 25 days.
mean?
The time between day 15 and day 25 is called the
"net period."
Are to accelerate cash receipts and to maximize the
Revenue cycle
ultimate
management.
collectable amount of the accounts receivable.
https://quizlet.com/1013053421/hmgt-3311-final-exam-2025-updatecomprehensive-questions-and-verified-answers-complete-solutions-examgrad… 2/6
