The SEC always reviews S-1 filings before a company is allowed to register and sell its shares publicly. So they questioned Groupon on its Form S-1 filing, including its prominent use of a financial measurement which called “Adjusted CSOI”. Thus, in this situation, Groupon relied on the ACSOI metrics for its accounting standard, because the company found it more profitable under Non-GAAP metrics than GAAP in terms of its net income and operating income in the financial report. In addition, online marketing expenses, like expenses companies providing Internet marketing services, are always excluded in operating income by using the ACSOI metrics.…
To continue growth and remain competitive in the global market, Henry Inc., should expand its business into Canada. The country is financially stable with positive business trends and trade agreements with the U.S. Oil and energy competitors of Henry Inc. in Canada are doing very well due to the high demand for oil and energy products. Henry Inc. can compete with them in the United States, I am confident that Henry Inc. will be able to compete with them in the Canadian market. The research I have done for this report indicates the expansion will be profitable because Canada’s economy is growing and will continue to grow in the following years.…
1.This mission statement targets it purchasers and investors, along with everyone else associated with Universal Health Services, Incorporation. The mission statement declares they want purchases to select them and investors to stay in business with them for the long run. This emphasizes the degree of which they truly do care about the people outside of their business that help keep it running. 2.This mission statement states it wants its employees to be proud of the corporation, not holding stigma towards their place of work.…
Mr. Brownstein gave an update on the Unified Managed Care Strategic Plan and that the Board appointed committee met with County staff and discussions continue around a joint strategic planning process. In that discussion there was an agreement that Mr. Butler and Ms. Tomcala would continue to work on a variety of issues and those discussions are going well. Also discussed was the idea of a strategic planning process and it was agreed to move forward with the idea to have a Managed Care Strategic Plan generated out of that process and has asked for volunteers to be part of the Strategic Planning group. The Board of Supervisors (BOS) had expressed interest in having discussions on Integrated Managed Care and that we would report back to BOS.…
Within the health care system there are several different aspects to take into consideration to keep the facility running smoothly. One of the major aspects that plays a large role in the way a facility runs, is the financial aspect of things. That being said, the financial documentation for Patton-Fuller 's facility 's financial documentation was reviewed and evaluated. The questions answered were; how do the audited and unaudited financial statements differ, what is the effect of revenue sources on financial reporting at the hospital and how are the hospital 's revenues and expenses grouped for planning and control. For starters we will look at how the audited and unaudited financial statements differ.…
Ratios are important for measuring for comparing one hospital to another and financial statements are necessary to compare from another. Accountants, management, and health care administrators are to refer to ratios as a guide to develop a broader convey of the financial standing of the organization. Liquidity ratios have a big part of accounting and health care organizations, and the purpose of them to assess how well the organization is doing in terms of assets. Then, solvency, efficiency, and profitability are major types of ratios for how the health care organization evaluates or wants to increase profit. Lastly, equations and calculations for discounts from invoices are important to consider when completing for patients.…
Strengths- University Health System, San Antonio, Texas, is the only hospital in San Antonio to have the Magnet health system status. Magnet status is a credential awarded by the American Nurses Association. It is awarded for the expertise in nursing staff in providing quality care. Apart from this UHS has Board certified emergency care physicians. Hence, it is evident from these strengths about why University Health system is reported as the best in San Antonio, and sixth best in Texas by the U.S. News & World Report.…
The organization, a private commercial property and casualty company originally founded in the early 1900s, epitomized the essence of an anachronism. Indeed, this one hundred year old aberration resembled something one might view in an episode of the Twilight Zone, complete with eerie background music and a Rod Serling soliloquy in the foreground. Generally speaking only a smattering of these relics still exists today. Since the company remains closely held by an heiress living in Boca Raton, reviewing financial metrics indicative of the enterprise's health would never be an attainable option.…
Wells Fargo and Company was destined to become the leading banking company of the West, after being founded by Henry Wells and William Fargo. Wells Fargo was inspired by California’s economy boom that happened after the discovery of gold at Sutter’s Mill in the year 1849. Due to these events, Wells and Fargo along with several New York investors began to create the company we all know now as Wells Fargo that would profit from this demand. Because of California’s camps that were isolated for mining, Wells Fargo had the idea to begin to first transport the loads of freight between the East Coast and these camps in July 1852. With the company’s engagement in banking, they also ensured to make high profits in the traffic of gold dust and stride to provide loans that helped sustain the growth the economy in California.…
On July 3, 2015 the third and fifth ranked largest health insurance companies in America Aetna Incorporated and Humana Incorporated announced that Aetna would acquire Humana’s outstanding shares for $37 billion. Aetna describes the merge as a drive towards better valued and higher quality healthcare by reducing administrative costs and combining the best practices from the two companies in a way which will allow the new entity to compete in the market with cost-effective products (“Aetna to Acquire,” 2015). This paper will explore the populations served by both companies, the factors leading to the merge, the intended goals and speculated concerns of the merge, whether it is projected to be successful, and its future implications. Humana…
Financial accounting refers to information that investors or creditors would utilize on an external basis. For example, a company’s supplier may require financial records to ascertain if they are worthy to receive credit. Managerial accounting assumes the role of an internal function that pertains to outlining, administering, and supervising the daily activities of a company (Edmonds, Olds, Tsay, & McGraw-Hill/Irwin, 2008). As the manager of an individual Costco store, there would be several, various types of information that I would deem essential for the efficiency of my store. A weekly associate schedule, along with overtime capabilities for each day, would be necessary.…
For many college students, working in a retail job is a rite of passage. A position in sales, however, has many benefits besides just the income. Working in sales means daily interaction with the public, which teaches the valuable skill of interpersonal relations. A sales job also has selling quotas, demonstrating how to set and meet goals. Every company has a different background that influences the work environment, and the environment at General Nutrition Company is one that promotes employee camaraderie and superb customer service.…
Every day someone is looking for a job. Whether it is through a newspaper, friends, and family or online, it is hard to find a workplace. Not only is job searching hard, but deciding which company to work for is the most important decision of finding a job. Many look for a job in their professional field, but they do not consider the company’s background. Many do not ask about the basic salaries, benefits, and opportunities.…
We are faced with problems everyday, and it is how we resolve them that determines our character. During a financial role play for DECA, I was put on the spot and had to generate ideas for a company which was going bankrupt. I had to think out of the box in order to devise a plan that would help this company recover from its financial depression. Preparing constantly my presentation skill and learning the material helped me be one of the top county finalist for my even. More importantly, doing financial analysis has strengthened my interest for numbers because I have learned from this that numbers never lie.…
ASSIGNMENT 1- Da Vita HUMAR RESOURCE MANAGEMENT SEMINAR HMRT-887 Reshma Shivdasani- 1053319 I. Discuss DaVita 's business strategy in light of internal and external factors that we have been discussing in class, and be sure to do a SWOT analysis. The attached industry report and your own research may provide relevant data. Vision of the company: Building the greatest dialysis company the world has ever seen.…