Explain the purpose of income statements, balance sheets, statement of changes in net worth and the statement of cash flows.

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Answer the following questions:

Reporting and Measuring Financial Performance

Explain the purpose of income statements, balance sheets, statement of changes in net worth and the statement of cash flows
Explain the role of financial ratios in financial management.
Describe the role of and use trend analysis.

Use as one of the reference the book from this course. Please see below information of the book so you are able to get it:

Baker’s Health Care Finance: Basic Tools for Nonfinancial Managers
Ross, Thomas K.
Jones & Bartlett Learning
6th edition
ISBN: 9781284233162






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