1. The cash flow statement helps users to assess a hospital or clinics liquidity, financial flexibility, operating capabilities, and risk. Explain the purpose of the cash flow statement and describes how relevant it is hospitals and in the US.
2. You expect to have the given amount in an account with the given terms. Find how much you can withdraw periodically in order to make the account last the specified amount of time. Round your answer to the nearest cent. Account balance: $300,000. Interest rate: 4.5%. Frequency: quarterly. Time: 17 years. Periodic Withdraw ?