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1. How does Pfizer define a cash equivalent? Be sure to quote the annual report, not just provide a general answer. The quote should

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1. How does Pfizer define a cash equivalent? Be sure to quote the annual report, not just provide a general answer. The quote should be one sentence. 2. Pfizer presents its statement of cash flows using the direct method. Group of answer choices True False 3. What is the amount of "interest paid" in cash in 2021? 4. Pfizer undertook a non-cash investing and/or financing transaction in 2021. What was the transaction? Does it represent a non-cash investing activity? A non-cash financing activity? Or a non-cash investing and financing activity? [Note: the answer to the second question should be based on your understanding of the SOCF and non-cash transactions; the annual report will not specifically answer this for you.] (2 points) 5. What investing activity generated the most cash inflows in 2021? 6. What is the "Net periodic benefit cost/(credit) reported in income" related to Pfizer's U.S. pension plans in 2021? 7. As of 12/31/21, are Pfizer's U.S. pension plans overfunded or underfunded? By how much? (2 points) 8. What is Pfizer's "provision for taxes on income" for 2021? 9. What is Pfizer's "Effective tax rate for income from continuing operations" for 2021? Is this amount greater than or less than the U.S. statutory rate in 2021? (2 points) 10. What is the value of Pfizer's (net) deferred tax assets as of 12/31/21? How much was the valuation allowance on these assets as of 12/31/21? (2 points)

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