Use the 2019 and 2020 annual reports from Boeing and Airbus to answer the following questions.

1. Balance Sheet:

a. What is Boeing and Airbus' largest asset?

b. What portion of total assets does this largest asset account for at each company? (use data in 2020 annual report for calculation)

2. Calculate days inventory for Airbus and Boeing for 2018, 2019, and 2020? What pattern(s) do you observe? What do you think are the main causes?

3. Did Boeing request a government bailout in 2020? Did they end up getting one? If not, what did they do instead?

Note: You can get Boeing's financial statements from SEC Edgar (https://www.sec.gov/edgar/browse/?CIK=12927&owner=exclude Links to an external site.). Airbus is an European company, so you need to go to Airbus's official website and then find its financial statements under "Investor Relations". (https://www.airbus.com/en/investors/financial-results-annual-reports Links to an external site.)