Question 2 1 points Save A Your best friend from high school approaches you to invest in 'e-track an upcoming high-tech company which he is convinced will make huge profits in the future. You are sceptical of the bu siness venture and say that you would have to look up the financial statements of the company re investing your own you the financial report and you notice that the report is unaudited and does not provide prior years results even though the firm had been operating for the last three years. Based on the above information, which qu alitative characteristics is lacking in e-track's financial reports? Relevance and timeliness. Faithful representation and comparability. Local Co Ltd for the purchase consideration of Cash $100 000 assets and liabilities at the time of the 150 000200 000 80 85 000 50 000 20 000 Cash Loan 105 000