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Requirement 2. As Shawsheen Corporation's CEO, use the financial statements to answer these questions about the company. Explain each of your answers, and identify the financial statement where you found the information a. Did operations improve or deteriorate during 2020? by $ thousand, and net earnings from $ thousand to $ thousand. The Operations improved during 2020. Revenues amounts for revenues and net earnings are on the b. What is the company doing with most of its income? The company used most of its income to Dividends were $ thousand in 2019 and $ thousand in 2020, which is These amounts can be found on the c. How much in total resources does the company have to work with as it moves into the year 2021? at the end of 2020 were $ thousand. This is the amount of total resources that the company has to work with when starting the and is found o d. At the end of 2019. how much did the company owe creditors? At the end of 2020, how much did the company owe? Is this trend good or bad in comparison to the trend in assets? The company owed total liabilities of $ thousand at the end of 2019 and $ thousand at the end of 2020. Although total fiabilities in total assets, which means that total shareholders' equity is This is found on the there was a e. What is the company's major source of cash? Is cash increasing or decreasing? What is your opinion of the company's ability to generate cash Which means that total shareholders' equity is This is found on the e. What is the company's major source of cash cash increasing or decreasing? What is your opinion of the comparvy's ability to generate cash? The company's major source of cash is activities, and cash vas seen on the facts, it appears that the company's ability to generate cash was during 2020 Requirement 2. As Shawsheen Corporation's CEO, use the financial statements to answer these questions about the company. Explain each of your answers, and identify the financial statement where you found the information a. Did operations improve or deteriorate during 2020? by $ thousand, and net earnings from $ thousand to $ thousand. The Operations improved during 2020. Revenues amounts for revenues and net earnings are on the b. What is the company doing with most of its income? The company used most of its income to Dividends were $ thousand in 2019 and $ thousand in 2020, which is These amounts can be found on the c. How much in total resources does the company have to work with as it moves into the year 2021? at the end of 2020 were $ thousand. This is the amount of total resources that the company has to work with when starting the and is found o d. At the end of 2019. how much did the company owe creditors? At the end of 2020, how much did the company owe? Is this trend good or bad in comparison to the trend in assets? The company owed total liabilities of $ thousand at the end of 2019 and $ thousand at the end of 2020. Although total fiabilities in total assets, which means that total shareholders' equity is This is found on the there was a e. What is the company's major source of cash? Is cash increasing or decreasing? What is your opinion of the company's ability to generate cash Which means that total shareholders' equity is This is found on the e. What is the company's major source of cash cash increasing or decreasing? What is your opinion of the comparvy's ability to generate cash? The company's major source of cash is activities, and cash vas seen on the facts, it appears that the company's ability to generate cash was during 2020