Creat a 400 to 600 words that respond to the following questions:
Understanding basic accounting principles is imperative to the health care manager role. Reading a balance sheet and recognizing the importance of cash flow are skills that are compulsory to this function. With this in mind, discuss the following:
Discuss the most important headings in a balance sheet and what the summary numbers mean.
Explain 4-5 reasons why cash flow is important to a health care organization.