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Lesson 1
After completing this course, you'll be able to:
Identify and describe the documents and financial statements included in a nonprofit organization's financial report
Analyze the information found in nonprofit statements of financial positions
Analyze the information found in the statement of activities
Analyze the information found in the statement of cash flows
Describe the nature of business enterprises and nonprofit organizations, as reflected by the statement of financial position
Define financial (ratio) analysis and explain its objectives and limitations
Identify the various categories of financial ratios used in nonprofit analyses
Define and calculate the ratios within each category
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