You are the chair of the board of CT Inc., a Canadian-based multinational corporation, which has excess cash totaling $75 million. The company is interested in investing some or all of this in Delmar Corp., one of CT’s key suppliers. The following statements are available for your review.

Required
Using the elements of critical thinking described on the inside front cover,comment.

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Delmar Corp Comparative Balance Sheet Informationn November 30 (millions of $) Delmar Corp. Income Statement For Year Ended November 30, 2014 (millions of $) 2014 $ 15 46 80 $500 190 $310 2013 10 75 15 350 Inventory.. Operating expenses Depreciation expense50 Property, plant and equipment (net).300 170 40 Accounts payable.... Income tax payable.. Retained earnings2... Total operating expenses. 220 $ 90 10 $ 80 50 Income from operations... Income tax expense.. 150 231 239