Understanding Statements of Financial Position/Balance Sheets for an Organization. After reading the PowerPoints/text and 2 articles reply to the questions posed in the DB in 500 w​‌‍‍‍‌‍‍‍‌‍‍‍‌‌‌‌‌‌‍‍​ords or less. What is the definition of a balance sheet and why are balance sheets important to a healthcare organization? What can you learn from a balance sheet? What area of the balance sheet would you consider the most critical? Based on current literature and your experience, what impact might the response to the Covid-19 crisis have on an organization’s revenue?