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Reply 1The healthcare financial data and strategy crafting are inseparable since it is the financialreport such as the cash flow statement, the balance sheet and the profit and loss account that givean insight into the performance of the organization. The cash flow statement, for example, willhelp in establishing the various areas where the healthcare center has spent its cash while alsoestablishing where their sources of income come from.The balance sheet will provide accurate data relating to the double-entry where it willindicate the crediting and debiting of the finances related to a healthcare firm. If the debiting sideand the crediting side do not balance, then it will be evident that finances were misused at somepoint and therefore, thorough scrutiny done to those handling the firm's finances. Trading profitand loss account establishes whether the healthcare firm is runn ...


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