Description
Four major financial statements (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders‘ equity.
List the four major financial statements and describe their major components.
Which statements are intended for internal audiences? External audiences?
? What are generally accepted accounting principles (GAAP)? How are they used?
? What are the four classifications of ratios and what do they measure?
? Why must the business of healthcare keep in touch with the human side of healing?
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