As an aspiring manager you are tasked with creating a report which covers the following topics: 1. Evaluate the role and significance of accounting and financial management in ensuring the effective operation of a healthcare organization in either the public or private sector (5 marks) 2. Within academic literature it is said that the primary objective of a company is maximize the owner's wealth. Critically evaluate why the principle of shareholder wealth maximization may not align with the strategic objectives of a healthcare organization. (10 marks) (note: if your organization is government owned/funded, they are effectively the majority shareholder) 3. Gulf Sovereign Fund is looking to take on a new investment offering private healthcare treatments. The company will evaluate two mutually exclusive projects, whose details are given below. The company's cost of capital is 7%. BD Millions Project A Project B Initial Investment (450) (675) Year 1 150 420 Year 2 180 360 Year 3 180 180 Year 4 300 90 Year 5 285 30 Calculate the Payback period Calculate the Net Present Value (NPV) of both projects Calculate the Internal Rate of Return (IRR) of both projects (12 marks) 3b. Critically discuss the merits of each investment appraisal method