1. Explain the three unique ways that Investments are categorized, specifically detail their definition and how they show up in the Income Statement and Balance Sheets of the investing firm. 

2. Explain the challenges associated with forecasting CapEx and Depreciation. 

3. Identify 3 qualitative aspects of growth. Explain how these influence the quantitative aspects of growth. 

4. How can differences across firms be controlled for in relative valuations?