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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