Problem:
Use the Kraft Foods 2007 Annual Report PDF (link provided in attachment) to find the answers to the questions located in the Examining Financial Statements (Microsoft Word) document. Please provide both numerical answers as well as summarize the answers in written word format.
Examining Financial Statements
Locate the answers to the following questions from the Kraft Foods 2007 annual report (PDF) located at the following webpage:
https://kraft.com/assets/pdf/Kraft_07AR_Complete_Book.pdf.
Please elaborate on your answers in addition to the numerical answer.
Q1. What are the company's total assets at the end of its most recent reporting period?
Q2. What are the total assets as the end of the previous reporting period?
Q3. What are the cash equivalents?
Q4. How much cash and cash equivalents did the company have at the end of its more recent reporting period?