https://ntulearn.ntu.edu.sg/bbcswebdav/pid-2126782-dt-content-rid-12451716_1/courses/19ST-BU8101-SEM-1/Cambridge%20Space%20Systems%20plc.pdf Review the case study Cambridge Space Systems plc provided in the Assignment Folder and answer the following questions: (a) Assess the companys growth, profitability, leverage, and asset management in 2007 and 2008. (500 words)

(b) Prepare a cash flow statement for 2008 to determine how much cash flow the company generated in 2008 and how it was used. (100 words)

(c) Consider the information in Note 13 in Exhibit 1 in the case to determine if the company will be able to meet its debt service obligations in 2009. (200 words)

(d) The management of Cambridge Space Systems plc is considering to adopt the activity based costing system. With relevance to the prior literature and empirical studies, advise the management on the following: 1. critically evaluate the extent that ABC can be used and how it can be incorporated in the budgeting process for the firm (1,200 words) 2. the factors, both short-term and long-term, to consider if ABC is implemented in the firm chosen (500 words)