-Describe how operating and capital leases affects all three of the financial statements. How might one method of accounting impact profitability and return measures? Do you think one methodology is better than the other for getting the best read on a companys financial position?

-Firms invest in marketable securities for a variety of reasons. There are three differnt ways that firms can account for their investments in securities. Describe the similarities in the reporting for the three classifications. Also describe the differences in the reporting between the three classifications.

Need help with this homework for my managerial accounting class, please!