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BUSI 323 Financial Analysis & Management LATEST FINAL EXAM REVIEW QUESTIONS & ANSWERS
1. Which financial ratio is most commonly used to assess a
hospital's ability to meet its short-term obligations?
- A) Debt-to-Equity Ratio
- B) Current Ratio
- C) Return on Assets
- D) Operating Margin
Answer: B) Current Ratio
Rationale: The current ratio is used to evaluate a company's
ability to pay off its short-term liabilities with its short-term assets.
2. What is the primary goal of value-based healthcare
reimbursement models?
- A) Increase volume of services provided
- B) Improve quality and efficiency of care
- C) Maximize hospital profitability
- D) Reduce the number of patient visits
Answer: B) Improve quality and efficiency of care
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