Question 14 (3 points) A company's accounts are clearly regulated in several respects. Describe two key laws, rules or principles that a company must comply with and that you believe protect the interests of a potential investor. Also explain so clearly and pedagogically in what way these laws, rules or principles protect the interests of a potential investor.

Question 15 (3 points) Key figures that provide information about a company's profitability can be defined and calculated in different ways. In this course, you have learned about various profitability measures such as return on equity and return on capital employed, where we have calculated these key figures based on average capital values. Equity / assets ratio is also a key figure that we have reviewed on the exchange rate, but then we have not based our calculations on average capital values but on closing capital values (ie closing balances in the balance sheet). Explain as clearly and pedagogically as possible why, from an information perspective, it could be considered appropriate to calculate average capital values in terms of various profitability measures but outgoing capital values in terms of estimating a company's equity / assets ratio.

Question 13 (3 points) Explain as clearly and pedagogically as possible why a negative cash flow in a company's day-to-day operations is generally considered more problematic than a negative cash flow in a company's investment or financing operations. Code: (This assignment can give between 0 - 3 SE and it is the quality of your written reasoning that will determine the assessment of your answer to this assignment).

Question 12 (4 points) Explain in as clear and pedagogical a way as possible why an investment should not be classified as a cost.

Question 14 (4 points) Explain in such a clear and pedagogical way why a company may have increased its debts for a period but still have made a positive result for the same period