ScholarMatic | 24/7 Homework Help

ScholarMatic Will Help You Write Your Essays and Term Papers

Answered » You can buy a ready-made answer or pick a professional tutor to order an original one.

walk in clinic analysis

by | Nov 30, 2023 | questions

I need this assignment in a 3 pages. If there are explanations on the spreadsheet then I can write the paper but need some explanation of some of the questions.

Document Preview:

Cash Budgeting Case Study
Beaver Creek Clinic
Beaver Creek is an upscale winter resort located a short distance from Vail, Colorado. Beaver Creek Clinic is a small walk-in clinic located adjacent to the primary ski area. The clinic specializes in the treatment of injuries sustained while skiing. It is owned and operated by two physicians: James Peterson, an orthopedist, and Amanda Cook, an internist. The clinic has an outside accountant who takes care of payroll matters, but Dr. Cook does all the other financial work for the clinic. However, to help in that task, the clinic recently hired a part-time MBA student, Doug Washington.
On a Wednesday afternoon in October 2006, Dr. Cook called Doug into her office to tell him that she had just received a phone call from the head of commercial lending at the First Bank of Denver, the clinic’s primary lender. Because of a forecasted reduction in bank deposits, and hence funds available to make commercial loans, First Bank has asked each of its commercial loan customers for an estimate of its borrowing requirements for the first half of 2007.
Dr. Cook had a previously scheduled meeting at First Bank the following Monday to discuss cash management services, so she asked Doug to come up with an estimate of the clinic’s line of credit requirements to submit at the meeting. A line of credit is a short-term loan agreement by which a bank agrees to lend a business some specified maximum amount. The business can borrow (“draw down”) against the credit line at any time it is in force, which is usually no longer than one year. When a line expires, it will have to be renegotiated if it is still needed. The amount borrowed on the line, or some lesser amount, can be repaid at any time, but the full amount borrowed must be repaid at expiration. Typically, interest is charged daily on the amount drawn down, and a commitment fee is required upfront to secure the line. In general, lines of credit are used by businesses to meet temporary…

ScholarMatic: Explanation & Answer

Your ready answer from a verified tutor is just a click away for as little as $14.99


Click Order Now to get 100% Original Answer Customized to your instructions!


Why Place An Order With Us?

  • Certified Editors
  • 24/7 Customer Support
  • Profesional Research
  • Easy to Use System Interface
  • Student Friendly Pricing

Have a similar question?


All papers we provide are well-researched, properly formatted and cited.


All papers we provide are well-researched, properly formatted and cited.


All papers we provide are well-researched, properly formatted and cited.

ScholarMatic: Get Started

Assignment Writing Service

Feel safe and secure when placing an order on our portal!
Fruitful cooperation begins with solid guarantees, and we are professional enough to promise perfect results. Let’s get it started!

Open chat
Scan the code
Hello! Welcome to to our WhatsApp support.
We offer READY solutions, HIGH QUALITY PLAGIARISM FREE essays and term-papers.

We are online and ready to help