Chapter 2, Problem 2CTC

a.

To determine

States the largest asset included in the balance sheet of Company and explain the reason for this type of Company to have a large investment in this particular type of asset.

b.1

To determine

State the primary sources and uses of cash from investing activities.

b.2

To determine

Find out whether investing activities caused Company’s cash to increase or decrease.

b.3

To determine

State the primary sources and uses of cash from financing activities.

b.4

To determine

Find out whether financing activities caused Company’s cash to increase or decrease.

c.

To determine

Find out whether the Company have net income or a net loss for the most recent year and state the net income or net loss as a percentage of revenues

d.

To determine

Select three items in the notes accompanying the financial statements and explain briefly about the importance of these items for making decisions about investing in, or extending credit to, this Company.