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The purpose of the company Lincare is for providing respiratory care, infusion therapy, clinical support and medical equipment to patients in their home.

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12y ago

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What is the purpose of a company?

The purpose of a company is to create value by providing goods or services that fulfill the needs and wants of consumers. This involves generating profit for shareholders while also considering the impact on employees, customers, and the community. Additionally, a company's purpose often includes fostering innovation, sustainability, and social responsibility to contribute positively to society. Ultimately, a well-defined purpose helps guide decision-making and corporate strategy.


What is the purpose of outsource billing?

Outsourced Billing has the purpose of sending client's billing information so another company that handles all the bills; drawing them up, checking them, and sending them out. It has the purpose of making sure a company can cut down on time and effort spent on administrative tasks such as billing.


What is the purpose of the public company accounting oversight board?

The Public Company Accounting Oversight Board is a non-profit, private company which was created to oversee the auditors of public companies. Their main purpose is to ensure that audit reports are accurate and fair in order to protect investors of public companies.


What is the purpose of an income statement?

To show managers and investors whether the company made or lost money during the period being reported


What is the purpose of a projected income statement?

Purpose of projected income statement to foresee the future of company based on certain assumptions during the planning stage.