Problem
A. Would you ever buy sports stock and if you would what sport stock would you consider purchasing? Why or why not?
B. Do you think that buying the publicly available shares in the Green Bay Packers is a good investment?
C. Should the general population pay the debt service for bonds issued to pay for a stadium or arena that is used primarily by a privately owned professional team? Debate the topic, citing all the pros and cons associated with the question. What innovative ideas could be used to help repay the bonds?
D. Differentiate between the balance sheet, income statement, and statement of cash flows?
E. Identify three external stakeholders of an organization to whom management should be prepared to communicate the key elements of the financial statements?