Description Break-Even Point Formulas Part 2 Note: Before completing this Assignment, please fami ...

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Description Break-Even Point Formulas Part 2 Note: Before completing this Assignment, please familiarize yourself with the Week 6 Assignment Rubrics, located in the Course Information area of the course navigation menu. Before making hiring or purchasing decisions, healthcare organizations must consider whether the decision is financially profitable. By calculating break-even points, organizations are able to examine actual costs and make more sound financial decisions. Resources Be sure to review the Learning Resources before completing this activity. Click the weekly resources link to access the resources. WEEKLY RESOURCE To prepare for this Assignment, carefully read: Chapter 9 of Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts and Applications for additional guidance. Then, review the Week 6 Assignment document provided to you by the Instructor (Note: The Instructor will post the document for this Assignment by Day 1 of Week 6. For this Assignment, you will use data provided by your Instructor to calculate break-even points.). Examine the health services center scenario carefully and reflect on how you will use the provided financial data to calculate break-even points. The Assignments: Assignment 2: In a 2- 3-page paper discuss the following: Present the results of the four break-even points derived from your Excel worksheet. Analyze how break-even points can drive purchasing and hiring decisions in general and in context with the provided scenario. Analyze how fixed costs and variable costs can affect break-even points. General Guidance on Assignment Length: Refer to the Week 6 Assignment Rubrics for grading elements and criteria. Your Instructor will use the rubric to assess your work. By Day 7 Submit your Assignments. Note: Submit your Excel spreadsheet to the Week 6 Assignment 1 submission link. Submit your Word document to the Week 6 Assignment 2 submission link.