Analyze the Basics of Financial Principles

/in /by

400 to 600 words

You are the chief financial officer (CFO) for an organization and need to discuss with fellow C-suite executives that cost cutting is not the only answer to profitability. Prepare for the next manager’s meeting by responding to the following prompts:

  • Explain how a capital budget and a return on investment contribute to sustainable growth.
  • Clarify the role that risk analysis plays during capital investment decision making.

Provide 1 reference that discusses cost containment and patient care.