Overall trend assessment of the company’s balance sheet, income statement, and statement of cash flows for the last three years.

Project requirements must include the following analysis:

  1. One page description of the corporation: its products or services, major markets.
  2. b. Overall trend assessment of the company’s balance sheet, income statement, and statement of cash flows for the last three years.
  3. Selected ratio and trend analysis. Ratios must include liquidity, asset management, solvency, profitability, and market value ratios.  A three-year ratio analysis is the minimum expectation.
  4. Analysis of the company’s stock price and EPS trends for the last three years. Analysis must include comparison to key market competitors.
  5. Evaluation of the firm’s Beta in relation to a specified market index (eg. S&P 500, Nasdaq 100, Dow 30).
  6. Assessment of the firm’s capital structure including any significant changes in the firm’s capital structure over the last three to five years.
  7. g. Calculate the WACC (weighted average cost of capital) based on the most recent balance sheet data.
  8. h. Assessment of the firm’s cash flow and determination of the firm’s free cash flow over the last three years.
  9. Closing summary of the firm’s financial health in relation to the overall economy and within its industry.

How can we use our vision and value statements in communications with the public?

Completing Phase Two answers the following questions:

  1. Where do we, as a community, see ourselves in three to five years?
  2. What values will support us through the MAPP process?” (NACCHO, 2013)There are seven steps to completing Phase Two:“Step One: Identifying Other Visioning Efforts
    Step Two: Design the Visioning Process and Select a Facilitator
    Step Three: Conduct the Visioning Process
    Step Four: Formulate the Vision Statement and Common Values
    Step Five: Keep the Vision and Values Statements Alive
    Step Six: Celebrate Success
    Step Seven: Conduct Process Evaluation for Phase Two” (NACCHO, 2013)

Step Two: Design the Visioning Process

Describe how you would facilitate the MAPP Steering Committee. Refer to page 39 of the MAPP User Handbook for assistance.

Step Four: Formulate the Vision Statement and Common Values
State the Vision and include five Value Statements that will guide the MAPP Steering Committee. Refer to page 43 of the MAPP User Handbook for more information.

Step Five: Keep the Vision and Values Statements Alive
Answer the following questions in order to detail how to keep the Vision and Value Statements alive through the entire MAPP process. Refer to page 44 of the MAPP User Handbook for more information.
i. “How can we make our community aware of our vision and value statements on an ongoing basis?
ii. How can we use our vision and value statements in communications with the public?
iii. When and where is it helpful to read our vision and value statements aloud?
iv. Where can we display our vision and value statements?” (NACCHO, 2013)

Suggestions for Data Sources:

MAPP User Handbook
Researched resources found for selected community

MPH Competencies Applied:

MPH Competency #3: Demonstrate competencies in biostatistics, epidemiology, and research methods in the community health analysis and plan.

MPH Competency #4: Demonstrate ethical competencies in the community health analysis and plan.

MPH Competency #5: Demonstrate management competencies in the community health analysis and plan.

Which of the following statements about the eternal law is correct?

1. According to atomism
A) nothing is created out of nothing, nor can something be reduced to nothing.
B) compounds of atoms are eternal because the atoms that comprise them are eternal.
C) some things are created out of nothing, and some things can be reduced to nothing.
D) nothing is created out of nothing, and everything can be reduced to nothing.

2. Death, according to Epicurus,
A) is either a dreamless sleep or a journey to another world.
B) is deprivation of sensation.
C) is a journey to another world
D) remains a mystery to us.

3. If the fundamental claims of atomism are true, then
A) the cosmos is devoid of incorporeal beings.
B) the only truly divine things are the eternal, indestructible atoms.
C) there is no afterlife.
D) All of the above.

4. If “the impious man is not he who denies the gods of the many, but he who attaches to
the gods the beliefs of the many,” then
A) believers in personal immortality and divine providence are impious.
B) believers in atomism are impious, and believers in personal immortality are pious.
C) believers in atomism are pious.
D) Both A and C

5. According to Epicurus, the human soul
A) is made up of atoms
B) cannot survive the death of the body
C) is the organ of sensation
D) All of the above.

6. According to Epicurus,
A) One ought to pursue wealth, as it can afford us greater comfort and pleasure
B) Not all pleasures are to be chosen
C) The happy life requires that one pursue only the vain desires
D) No one knows whether death may not be the greatest of evils

7. Which of the following BEST describes the logical connection(s) between atomism
and hedonism in Epicurus’ thought? Read each answer option very carefully!
A) Atomism denies the existence of incorporeal beings, such as immortal souls. If the
human soul—the organ of perception and thought—is made up of atoms which disperse
back into nature at life’s end, then death would be nothing more than a dreamless, eternal
sleep and not a journey into another, potentially wretched, world. The Epicurean,
knowing this, thereby achieves a reassuring calmness of mind, a tranquility of soul.
B) According to atomism, the universe is made up exclusively of atoms and void, and
there are immortal gods which are highly complex compounds of atoms. These gods
direct the course of human events, and reward individuals who avoid overindulgence in
sensual pleasures, and punish with infirmity and disease those who do not.
C) According to atomism, the universe is made up exclusively of atoms and void, having
been created this way by the gods. In order to live a good and happy life, the human
being must practice moderation and self-restraint with regard to the bodily pleasures, and
concentrate all of his energies on “knowing the truth about god.” Only when he
understands that mankind was designed to live according to the universal moral law
established by his Maker can he enjoy the tranquility of soul which constitutes the very
highest kind of pleasure.
D) According to atomism, the universe is made up exclusively of atoms and void, and
the human being is thus nothing more than a body. A good life is a life lived in
accordance with nature. Epicurus says “every pleasure because of its natural kinship to us
is good, yet not every pleasure is to be chosen.” The very BEST life will be one dedicated
exclusively to the proper maintenance of the body, through healthy lifestyle choices.

8. A man brutally murders an innocent victim. According to Epicurus, in what way would
this act rightly be considered “evil”?
A) Such an act is a direct violation of the divine commandment: “Thou shalt not kill.”
B) Such an act is a direct violation of the victim’s unalienable right to life.
C) The criminal is doing irreparable harm to his own soul.
D) Such an act is evil insofar as it engenders a fear in the mind of the criminal of
eventually being caught and punished severely by the civil authorities.

9. Which of the following arguments against vulgar hedonism does Epicurus NOT make?
A) Even though every pain is an evil, not all pains are to be avoided.
B) Vulgar hedonism undermines traditional morality.
C) The pains consequent upon over-indulgence either cancel the pleasures or leave a
balance of pain.
D) The vulgar hedonist fails to discriminate properly among the various desires and the
different pleasures that come from their satisfaction.

10. Each of the following is, according to Epicurus, an essential ingredient to living well
EXCEPT:
A) Friendship
B) Equanimity
C) Health
D) Wealth

11. For Epicurus, the good life consists in
a. the delight one takes in a spirited game of chess.
b. Enjoying good food and drink.
c. Freedom from pain and mental anxiety.
d. experiencing a “runner’s high.”
5
1. Each of the following is an essential feature of law EXCEPT:
a. It must be rational.
b. It must be made known.
c. It aims at the good of certain individuals only.
d. It must be made by whoever has care of the community.
2. Law is more concerned with protecting property rights than with making human beings
good.
T/F
3. Each of the following is a type of law discussed by St. Thomas in our reading
EXCEPT:
a. divine law
b. eternal law
c. human law
d. none of the above

4. If a law is not promulgated, then
a. It is not a legitimate law.
b. Everyone has a duty to search for and discover it.
c. It is binding only on those who are able to discover it.
d. None of the above.

5. A law whose effect is to diminish the common good would, according to St. Thomas,
be
a. Legitimate, so long as it’s made by him who has care of the community.
b. An ordinance of reason.
c. Legitimate, so long as it’s promulgated.
d. Tyrannical.

6. Which of the following statements about the eternal law is correct?
a. It is God’s rule over the cosmos
b. It is identical with God’s essence, and as such cannot be known in itself.
c. It is identical with Divine Reason
d. All of the above

7. Divine law is necessary because
a. Of the restricted scope of the human law.
b. Of man’s inability to judge other men’s motives and intent.
c. Man’s ultimate end is not discoverable by human reason.
d. All of the above.

8. Each of the following statements is consistent with St. Thomas’ natural law theory
EXCEPT:
a. The good is that which is consistent with man’s nature.
b. All lifestyles are natural.
c. The purpose of law is to make men good.
d. That which runs contrary to man’s nature is “evil”.
9. Each of the following is a natural human inclination enumerated by Thomas Aquinas
EXCEPT:
a. To know the truth about God
b. To procreate
c. To live in society
d. None of the above.

10. According to Thomas Aquinas’ concept of Natural Law, all of the following would be
deemed immoral EXCEPT:
a. Suicide
b. Homosexuality
c. Willful ignorance
d. None of the above

11. According to St. Thomas’ Natural Law teaching,
i. God is the author of the natural law
ii. human laws are always grounded in the natural law
iii. Nobody can have any understanding of the natural law if they lack access to the Bible
and its teachings
iv. morality is inseparable from human nature
v. Man’s natural inclinations in one society may be completely different in another
society
vi. killing innocents is wrong only because in the Bible God said “Thou Shalt Not Kill.”
vii. Philosophy (the love of wisdom) is natural, and hence good.
a. i, ii, iii.
b. i, v, vi.
c. i, iv, vii.
d. iii, vi, vii.

12. Human law
a. Is man-made.
b. Is the application of natural law
c. Is valid only if it aims at the common good
d. All of the above

13. Nature is to convention as
i. what is mutable is to what is immutable
ii. what is immutable is to what is mutable
iii. biology is to fashion
iv. divine law is to natural law
v. natural law is to man-made law
a. i, ii, iv.
b. ii, iv.
c. i, ii, v.
d. ii, iii, v.
Chapter 6

1. According to Hobbes, which two needs drive human action?
a. Personal gain and love of others
b. Personal gain and survival
c. Love of others and survival
d. Love of others and desire for peace

2. Why, according to Hobbes, do human beings enter into a commonwealth?
a. Self-preservation
b. Commodious living
c. Stability
d. All of the above

3. According to Hobbes’ Leviathan, human life without government would be characterized
by each of the following EXCEPT:
a. no agriculture
b. no technology
c. no clocks
d. all of the above

4. “But though the benefits of this life may be much furthered by
mutual help; since yet those may be better attained to by dominion,
than by the society of others, I hope no body will doubt, but that men
would much more greedily be carried by nature, if all fear were
removed, to obtain dominion, than to gain society.”
What is Hobbes’ main argument in this passage?
a. Most people would prefer to achieve comfortable self-preservation
through entering into collaborative associations
b. The life of a tyrant is preferable to that of a mere citizen
c. The life of a citizen is preferable to that of a greedy tyrant
d. Without law and order, life is “solitary, poor, nasty, brutish and
short.”

5. “Drive safely: the life you save may be your own.”
This would be an example of:
a. Psychological realism
b. Christ’s Golden Rule
c. Hobbes’ Golden Rule
d. A and B

6. According to Hobbes, government censorship is necessary
a. because some opinions might incite people to rebellion
b. In order to promote concord
c. Because peace, stability, and security are more important than “free
speech” rights
d. All of the above

7. In Hobbes, “good” and “evil” refer to:
a. Pleasure and pain
b. Virtue and vice
c. The object of love, the object of aversion
d. A and C

8. Each of the following is a characteristic of the state of nature EXCEPT:
a. It is a war of every man against every man
b. Life is solitary, poor, nasty, brutish and short
c. There are abundant resources available for human consumption
d. There are no property rights
9. For Hobbes, the greatest good and the greatest evil, respectively, for a human being
are:
a. Glory and disgrace
b. Comfortable self-preservation and violent death
c. Salvation of one’s soul and eternal damnation
d. Virtue and vice

10. Hobbes’ statement, “In the state of nature, profit is the measure of right” signifies that
a. Nature rewards energy and aggression
b. Upright moral character is what gets you ahead
c. Hobbes believes in karma
d. Good intentions always prevail over immoral deeds

11. St. Thomas Aquinas and Thomas Hobbes would agree on which of the following?
a. Commodious living is the highest object of human aspiration
b. Man is by nature a political animal
c. Do unto others as you would have others do unto you
d. None of the above

12. Each of the following is true about Hobbes’ social contract theory EXCEPT:
a. It is the most viable means of escaping the horrors of the state of nature
b. It stipulates that one must be willing to sacrifice one’s life on behalf of the
commonwealth
c. It forbids private men the freedom to be the judge of good and evil actions.
d. It exists for the sake of preventing men from harming one another and being harmed
by one another

13. Which of the following BEST captures the difference between Hobbes’ Law of nature
and St. Thomas Aquinas’ Natural law?
a. The former induces you to treat others as you would want to be treated, whereas the
latter induces you not to treat others as you would not want to be treated
b. The former seeks the good of the body only, whereas the latter seeks the good of both
body and soul
c. The former promotes charity and self-sacrifice, whereas the latter promotes hedonism
d. The former sees justice ultimately as the product of divine legislation, whereas the
latter sees justice strictly as a product of human legislation

Define break even analysis and its importance in the health care industry

Scenario: (hypothetical)
Break-even exercise
Break-Even Analysis or Cost Volume Profit Analysis (CVP)

The California Medical Hospital is a full service hospital in Burbank, CA. Kathy Potts, the Chief Surgeon and Regina Johnson, the Hospital Administrator, have been working on a project to bring a new product to their hospital, knee replacements, to expand the services provided in hopes of bringing in additional revenue.

After much analysis and market studies the two are ready to present their findings to the board. You are the Finance Director who has put the information together.

They have decided that a new knee replacement will cost $17,000. The supplies used will cost the hospital $9,500 and the selling expenses paid amount to $3,000 per knee. The wing they will use will rent for $15,500 per month and the surgeon will receive a fixed salary of $25,000 per month. (Show your work on all problems)
1. Determine the number of knee replacements (in units) that particular wing must perform each month to break even. (Break-Even Point or BEP). In other words how many knee replacements must the surgeon perform each month to break-even?
2. Determine the number of knee replacements that particular wing must perform in order to generate a profit of $100,000 per month.
3. Assume that the surgeon can now open a clinic on his own with the following costs:
Variable costs = $9,500 per knee
One additional employee at a cost of $1,000 per month
Everything else remains the same from above (The rent becomes the mortgage payment, the surgeon will accept the same salary, and the SP is still $17,000)
Determine the number of knee replacements to break-even.
4. Determine the number of knee replacements needed to generate a profit of $100,000 per month
What scenario would you recommend and why?

5. Please graph scenario #1 only. You may use excel or draw and attach the graph. I encourage you to try MS Excel for the experience. Label the X and Y axis. Plot the break-even point and show the fixed cost line. ( I only want to see three lines on the graph and the rest should be labelled)

6. Define break even analysis and its importance in the health care industry
7. Define variable costs
8. Define contribution margin
9. Define fixed costs
10. Compare and contrast a variance analysis and a sensitivity analysis.