Question 1. Explain how you would go about evaluating the overall performance of a firm.
Suppose you have $100,000 and want to invest the money. How would you proceed to find a good company to put your money in? What is it you are looking for (it has to be in finance terminology)?
Question 2. Discuss the importance of quality in a firm's financial statements, and how you would go about evaluating them.
How would you describe the quality in a firm's financial statements?