58 973
Assignments Done
Successfully Done
In March 2018
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Finance Question for Angel

Question #22188
Can someone describe the impact inflation has on the financial position of a health care institution addressing, assets, liabilities, expenses, revenues, owners’ equity, and the four major financial statements.
Expert's answer
At first we should admit that answer will be different depending on which (nominal or real) data we use.
If we use nominal figures of our spendings, expenses, liabilities grow, sometimes
grow revenue, when demand for product won't decrease. Nominal owners’ equity
also increases. But real situation is different from this. Our real income,
revenue, assets decrease, cause value of money decrease. So inflation increases
nominal figures, but decreases real.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question