Dam Haier!Dam college!I'm tired!Give me time to relax!What the hell an asset is!?What's the long-term investment?I know nothing...How can you give us that dam assignment...

The following questions (10 points each) are based on the 2005 Annual Report of Qingdao Haier.

Balance sheet

1.How did the assets of Qingdao Haier change (in terms of size and composition) in 2005? To answer this question, you may compare Qingdao Haier’s asset situation at the end of 2005 to its asset situation at the beginning of 2005 (i.e., the end of 2004). You may calculate the percentage of each asset (e.g., cash, inventories, receivables, etc.) in the total asset, compare the changes of these ratios in 2005, and discuss the causes and implications of these changes.

............

OHSHIT!WHETHER THE ASSETS CHANGE OR NOT HAS NOTHING TO DO WITH ME...I JUST WANT A RELAX TIME..................