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1)What can you say, if anything, about the company returning value to shareholders from looking at the financial statements (if you see it in the

1)What can you say, if anything, about the company returning value to shareholders from looking at the financial statements (if you see it in the financials, note where and what you see; if you see something in the financials that suggests a decision or an action that returned value but cant be sure from the financials alone, mention that you cant tell for sure but why you think it might be such an activity or decision)?

2)Are there items on the financials that suggest changes which might be strategic and/or might suggest that they were tactics for growth or efficiency? Similar to question 1, you may or may not be able to determine what it was or why it was done you may only be able to infer that something was done by looking at the financials so dont be afraid to note them and speculate about what it may have occurred and mention why you think so.

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