FINANCIAL STATEMENTS

Resource: Patton-Fuller Community Hospital financial statements in the Virtual Organization. Grading criteria located in Week Two on your student website.
Write a 350- to 700-word summary that address the following:
• Annual report, including the Patton-Fuller financial statements
• How did the audited and unaudited financial statements differ?
• Are the financial ratios for the hospital improving? Explain.
• Relationship between revenue sources and expenses on Patton-Fuller’s financial performance
• What is the effect of revenue sources on financial reporting at the hospital?
• How are the hospital’s revenues and expenses grouped for planning and control?

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