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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