explanation of the different types of financial statements, business and finance homework help

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Examine the different roles that a manager plays in the financial success of a business.

  1. Include in your response an explanation of the different forms of business organizations and provide a benefit of each type for maximizing profits.
  2. Include in your response an explanation of the different types of financial statements. Define in detail
  3. Explain the relationship of managerial finance to economics and accounting
  4. Discuss the relationship between stockholders/shareholders, bondholders, and the financial manager.

DQ2

What is the common accounting equation that reflects the relationship among liabilities, owner’s equity, and assets? Define each

Exercise:

Place each one in the proper order so that the equation from above equals: (show your work)

Cash

89,000

Accounts Payable

25,000

Buildings

1,000,000

Mortgage Payable

250,000

Retained Earnings

837,000

Payroll Taxes due

9,000

Patient receivables

55,000

Accounts payable:

Supplies

23,000

What is the difference between an expense and a cost?

Minimum of 450-500 words in length and properly sourced.

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