Review the financial statements that the CFO of Vila Health is presenting to the board of directors in the Studies for this unit, and in a 4-6 page paper, answer the following questions: Using the balance sheet: Do assets exceed liabilities? What does this tell you about the financial position of Vila Health? How has the financial position of Vila Health changed since last year? How has it changed since the year prior? How have the accounts receivable changed from previous years and what does this tell you? Using the balance sheet, what financial obligations does Vila Health need to consider in the upcoming year? Using the income statement: Has patient revenue increased or decreased from previous years? What could this indicate about the financial position of Vila Health? What percentage of total expenses is due to salary and benefits? Why is this important to consider?
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