1. In order to quantify expected credit losses, potential lenders must assess: A. The chance (probability) of default B. The chance (probability) of default and the size amount) of the loss given default. C The size (amount) of the loss given default D. The company's industry E. None of the above 2. Astro's Company's cash balance at December 31, 2018 was $2,281 and its December 31, 2019, cash flow statement reported the following: Cash from operating activities Cash from investing activities Cash from financing activities $938 $(1,136) $913 What did Segal report for cash on its December 31, 2019 balance sheet? $2.281 B) $32.281 $3.711 $715 E) $2.996 3. When a company sells and disposes a component segment of its operations, the income or loss from disposal should be reported as: A. an adjustment to retained earnings B. a sale of fixed assets in "other" expense C. an extraordinary item D. an accounting change E. Income loss from discontinued operations, net of taxes right after income from continuing operations