Financial Statements” Please respond to the following:
- According to the textbook on page 22 Hewlett-Packard and Bank of America had to write-off a substantial amount of their assets. Please read chapter 2 and explain in 200 words or more why stockholders would not lose billions of dollars in a situation like this. Provide a rationale for your response.
- Predict two (2) major issues that could arise from financial statement analysis overall. Provide two (2) examples of the predicted issues.