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Ch 9: Using Balance Sheets in Healthcare Finance

About This Chapter

Whether you need help getting ready for a test or catching up in class, this informative chapter on using balance sheets in healthcare finance can help. The short video lessons were created by professional instructors and can be accessed 24 hours a day.

Using Balance Sheets in Healthcare Finance - Chapter Summary

Our mobile-friendly chapter on using balance sheets in healthcare finance is a quick and simple way to learn more about this topic or refresh your existing knowledge. Work through these video lessons at your own pace to study topics such as balance sheets, owner's equity and the statement of cash flows. Feel free to take your time and go back as often as needed to review any information that seems challenging. We've included a quiz with each lesson so you can feel confident moving ahead knowing you've mastered these concepts. Once you finish this chapter, you should be able to:

  • Detail the components of the balance sheet
  • Define assets and provide examples
  • Outline the characteristics of current and long-term liabilities
  • Understand the formula used to calculate owner's equity
  • Discuss the purpose and format of the statement of cash flows

5 Lessons in Chapter 9: Using Balance Sheets in Healthcare Finance
Test your knowledge with a 30-question chapter practice test
The Balance Sheet: Purpose, Components & Format

1. The Balance Sheet: Purpose, Components & Format

There are four financial reports that make up a group known as the financial statements. We will take a walk with one of those reports - the balance sheet - and learn what it is, what items are included on it and what its role in the group is.

What Are Assets? - Definition & Examples

2. What Are Assets? - Definition & Examples

In this lesson, you will learn about assets, the first variable of the basic accounting equation. We will discuss the definition, categories, and classifications of assets.

Current & Long-Term Liabilities: Definition & Characteristics

3. Current & Long-Term Liabilities: Definition & Characteristics

In this lesson, we'll define 'liabilities.' You'll also learn the difference between current and long-term liability. Finally, we'll discuss on which financial statement you'll find liabilities and provide examples of each type.

How to Calculate Owner's Equity: Definition, Formula & Examples

4. How to Calculate Owner's Equity: Definition, Formula & Examples

In this lesson, you'll learn how to calculate owner's equity. We'll explore the definition and formula of owner's equity through the lens of a hypothetical business, and take a look at some examples of how it appears on balance sheets.

The Statement of Cash Flows: Purpose, Format & Examples

5. The Statement of Cash Flows: Purpose, Format & Examples

There are four financial reports that are required in financial statements. In this lesson, you will learn about the fourth and final report - the statement of cash flows. You'll learn what the makeup of the statement is, its purpose, and why it is important to users of the financial statements.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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