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1. There are two net income numbers reported by Honeywell. What is the difference? Which one is correct? 2. Examine the balance sheet. Identify assets

1. There are two net income numbers reported by Honeywell. What is the difference? Which one is correct?

2. Examine the balance sheet. Identify assets and liabilities that arise from the underlying operating business of Honeywell. How much has Honeywell invested in its operating business at the end of 2018? How is this financed?

3. Calculate simple ratios to determine: (1) liquidity (2) solvency (3) return on investment. What inferences can you draw from these ratios?

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