ResCare, INC. is a company that offers patient support and home health assistance for individuals of all ages that are suffering from disabilities and mental issues that has hindered their daily living. The company also provides family members and caregivers relief services by sending out a certified nursing assistance (CNA’s) or a personal care assistant (PCA”s) into the homes of family members to relieve these caretakers so that they are able to engage in their own personal affairs. This company provides services such as: assist the patients with daily living (ADL”s), hygiene, personal errands, shopping, vital signs, light house keeping, meal preparations, and will also remind clients of their medications and other healthcare needs. However, not all clients have …show more content…
Increasing their equity by $259.00. Therefore, this is not a large increase in equity but its better than decreasing the companies equity. This company has not change significant with increasing their equity but it is best to stay on the positive side when operating a business but has maintain its success and is still one of the leading home health services in its regions because according to ResCare, Inc. (2009) “The company recorded revenues of $1543.6 million during the financial year (FY) ended December 2008, an increase of 7.7% over FY2007. The operating profit of the company was $87.2 million during FY2008, an increase of 13.5% over FY2007. The net profit was $43.9 million in FY2008, an increase of 20% over FY2007 (SWOT Analysis, 2009).” Meaning that this company cash flow sheets has decreased throughout the years but the company has continued to offer services to the people that’s in need of home health services. However, there are now many local agents that are offering the exact type services but at lesser prices and has become extremely competitive for this