Health care accounting | Applied Sciences homework help

 

Review the 4 financial statements: balance sheet, income statements, retained earnings/owner’s equity, and cash flow statements. 

Respond to the following in a minimum of 175 words:

  • Explain information that can be derived from each financial statement. 
  • Explain what you think is the major purpose of the financial statements and the health care manager’s use of these statements. What decisions can be made from these statements?
  • Discuss how you will use financial statements in your health care career. 

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