Using the attached financial statements and selected footnotes from the 2022 annual
report of Pfizer, answer the following questions.
1. As per the financial statements, did Pfizer acquire any short-term investment
securities in fiscal 2022? Did they sell any short-term investment securities? If so,
how much did they pay and receive, respectively?
2. Did Pfizer make any acquisitions? If so, how much cash (net) did they pay?
A family plan
A family plans to purchase their first home in 5 years. To afford the monthly payments, the couple estimates they will need a down payment of $150,000 at that time. Assuming they can earn 7% of their investment, how much money will they need to deposit today?