1. Describe the four financial statements. Explain why it is important to know the scope of business being reviewed when using financial statements especially in healthcare.
2. You receieve $200 in modd year and $500 in even year.
Year 0:?
Year 1: $200
Year 2: $500
Year 3: $200
Year 4: 500
What is the present value of a perpetuity when the interest rate is 10%.