Assignment:
Q1. Why does high inflation typically destroy value for companies?
Q2. Which company’s ROIC would you expect to go up more in times of inflation: a company with long-lived assets or one with short-lived assets, everything else being equal? Why?
Q3. Describe the impact of high inflation on the financial statements of a company. What unique challenges does inflation present for analysis of historical performance?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.