Capital Expenditure Budget If you were assigned to prepare a capital expenditure budget request to add a retail pharmacy in the hospital, which two individuals from your department(s) would you want to have on your team to help you? How would you utilize them to help you? Justify your response and include a minimum of one scholarly reference to support your answer. Example Answer : If I were assigned to prepare a capital expenditure budget request in order to add a retail pharmacy in the hospital, one of the two people I would have on my team would be the CFO, he or she knows all the vital information of the financial status for the company. “CFOs should be able to: • Communicate dearly; • Provide leadership in day-to-day operations; ” Manage resources and fmances; • Build coalitions; • Create a positive organizational culture; and • Maintain strong physician relations. Communicate clearly.”(Doody 2000) All of these attributes will aid with getting funding that we need. The second person l need on my team is the accounting manager. He or she would know how much we would need charge for the services. Also they would let me know when we are over budget and how the first year might look like financially. because I would need someone to assist with the pricing of services and other important decision making matters of the pharmacy. On a daily accountants deal with numbers and are concerned with a seeing profitable revenue. My two selections will give me the jump I need  to have a prosperous pharmacy. Doody, M. F. (2000). Broader Range of Skills Distinguishes Successful CFOs. Hfm (Healthcare Financial Management), 54(9), 52. Assignment 1: Operating Budget In a one- to two-page paper, which will be included in your Final Project, explain why your manager or the board would or would not accept a proposal for the capital investment. List at least three arguments that could be used for or against the proposal.  In other words, what will the intended audience be looking for when reviewing the proposal? Assignment 2: Capital Expenditure Proposals Complete the following sections for your capital investment proposal: Your paper needs to be two to three pages in length (not including the title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center.  You must use the textbook and at least one scholarly source per area. Cite and reference your sources in APA format as outlined in the Ashford Writing Center.  The details in this paper can then be converted to your speaker notes on your PowerPoint presentation for the Final Project. Key Strategic Goals: one page minimum, include specific funding sources for the capital investment.

Looking for solution of this Assignment?


We deliver quality original papers

Our experts write quality original papers using academic databases.  

Free revisions

We offer our clients multiple free revisions just to ensure you get what you want.

Discounted prices

All our prices are discounted which makes it affordable to you. Use code FIRST15 to get your discount

100% originality

We deliver papers that are written from scratch to deliver 100% originality. Our papers are free from plagiarism and NO similarity

On-time delivery

We will deliver your paper on time even on short notice or  short deadline, overnight essay or even an urgent essay