14 Jul 2023
Review Chapter 11 of Baker’s Health Care Finance: Basic Tools for Nonfinancial Managers, and respond to the following:
- Discuss and explain the purpose and structure of an income statement, a balance sheet, and a statement of cash flows.
- Discuss the differences between current assets and long-term assets, and between current liabilities and long-term liabilities.
- Explain how a health care administrator might use financial statements in their strategic decision-making process.
Remember to use citations and references as appropriate. Your report must follow APA style and formatting guidelines.