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1.What is a financial policy?2.What is the purpose of a fina

    1.What is a financial policy?2.What is the purpose of a financial policy?3.List 4 benefits of using financial policies.4.List 4 types of information which can be included in a financial policyUsing the followinginformation, calculate all possible practice management ratios:June, 2011# of Patients seen-4,785Monthly Charges-$1,340,000Monthly Income-$899,000Total Operating Costs-$643,521Total Accounts Receivable-$1,650,000Was this practice profitable in June, 2011

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