Inancial Statement Analysis (Business Analysis and Valuation)

Hi there
U just need to answering the question from the picture ill upload

1st picture : ONLY NUMBER 3. The conservatism (or prudence) principle aries because of …..

2nd picture : ONLY Number 1. Refer to the Lufthansa example ….
(See the last 2 picture because u need to read the case first before answering this question)

3rd picture : NUMBER 11 AND 12
4th picture : still continue from number 12 (part a and b)

The last 2 picture are the reading for picture number 2