part a.) ANSWER THE FOLLOWING: ASAP

What can we do with the calculation of the return on assets -- profitability and an ability to determine the strengths and weaknesses of a companys business operations

What can we do with the calculation of the return on common equity -- how does company borrowing (leverage) affect profitability

How to determine the short-term and long-term liquidity risks

What information can get capture from the cash flow statement to assess solvency risk

How conflicts of interest can affect the quality or reliability of financial statements

The value of a cause of change analysis -- how changing something can affect different levels of performance. For example, how passage of a particular law or a tax change affects operating profit or net earnings.

How common-size statements can identify changes in profitability and costs

To calculate a return on assets typically requires that one adjust profits for after-tax interest expenses or atypical events (such as a sale of a business operation or a sale of property or other asset).

The return on assets and how it drives the level of competitiveness.

Why is it that we subtract preferred dividends from the return on common equity calculation.

How credit risk is assessed and how it is measured in the short-term and long-term