Use the figures in Director’s Resource 5-6 (pg. 142) to determine how many children will be in each group for the next six months. If licensing requires one adult for every 4 infants, one for every 8 toddlers, and one for every 12 preschoolers, use the information provided to determine what effect will the changing enrollment have on your budget.
Review the 4 financial statements: balance sheet, income statements, retained
Review the 4 financial statements: balance sheet, income statements, retained earnings/owner’s equity, and cash flow statements. Respond to the following in a minimum of 175 words: Explain information that can be derived from each financial statement. Explain what you think is the major purpose of the financial statements and