2. Analyse the financial statements that have been prepared by Snip Snip Ltd. In particular, comment on
the following aspects of the company:
Areas of concern in financial performance,
focussing mainly on information from the income
statement.
Areas of concern in financial health, focussing mainly on ratios dependant on the income statement and the balance sheet.
Areas of concern in cash flow management, focussing mainly on information available in the cash flow statement.

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

Your own record of all your transactions. a. check register b. account statement

Double corporation acquired all of the common stock of simple company for