Assignment 2: Capital Assets—Lease versus Purchase Analysis
Assignment 2: Capital Assets—Lease versus Purchase Analysis
Review the following scenario:
Healthcare organizations face the challenge of acquiring capital to finance equipment purchases. As the Director of Rehabilitation Services in a hospital outpatient clinic, you have identified the need to acquire new isokinetic exercise equipment. You are preparing a briefing for the Assistant Administrator to discuss lease options versus purchase options for an exercise equipment system that would cost $25,000 to purchase. The useful life of the equipment is 5 years.
Based on your analysis of the scenario, the module readings, Argosy University online library resources, and the Internet, address the following:
- Describe different leasing options.
- Discuss the advantages and disadvantages of lease versus purchase.
- Make a decision about lease or purchase and present that option to the Assistant Administrator.
- Summarize the central factors that shaped your decision to recommend lease or purchase.
Write a 3–5-page report in Word format. Utilize a minimum of 2–3 scholarly sources in your research. Your paper should be clear, concise, and organized; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation. Apply APA standards to citation of sources.
Use the following file naming convention: LastnameFirstInitial_M4_A2.doc.
By Wednesday, March 9, 2016, deliver your assignment to the M4: Assignment 2 Dropbox.
Assignment 2 Grading Criteria
| Assignment Components | Proficient | Maximum Points |
Describe different leasing options. | Presented at least 3 appropriate leasing options. Used more than one authoritative resource to support the discussion. Research extended beyond the textbook. | 20 |
Discuss the advantages and disadvantages of lease versus purchase. | Discussion was thorough. Included topics such as protection against obsolescence, maintenance of responsibilities, available capital for lease or purchase, ownership, staff training on equipment use, and long-term costs. Used more than one authoritative resource to support the discussion. Research extended beyond the textbook. | 24 |
Make a decision about lease or purchase and present that option to the Assistant Administrator. | Provided a thorough discussion in support of either a lease or a purchase. Described the pros and cons of both a lease and a purchase. Used more than one authoritative resource to support stakeholder identification. Research extended beyond the textbook. | 28 |
Summarize the central factors that shaped your decision to recommend lease or purchase. | Provided a detailed summary of the systematic approach to making a decision about leasing or purchasing the capital asset. Discussed the process to compare the costs and benefits of lease or purchase. Used more than one authoritative resource to support the discussion. Research extended beyond the textbook. | 20 |
Academic Writing | ||
Write in a clear, concise, and organized manner; demonstrate ethical scholarship in appropriate and accurate representation and attribution of sources (i.e., APA); and display accurate spelling, grammar, and punctuation. Use of scholarly sources aligns with specified assignment requirements. | Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in appropriate and accurate representation and attribution of sources; and displayed accurate spelling, grammar, and punctuation. | 8 |
| Total: | 100
|
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lease_versus_purchase_analysis.doc
