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AMC Entertainment Holdings, Inc. is principally involved in the theatrical exhibition business and owns, operates, or has interests in movie theatres primarily located in the United States and Europe.
As you might imagine, AMC’s business was severely impacted by COVID-19 during most of 2020, including requiring the closure of most of their theatres around the world for a period of time due to the pandemic.
Review AMC’s annual report for the year ended December 31, (https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/ef37ab99-d475-4102-aab7-88e64e53a3b9.pdf), which was the year including the pandemic, and includes financial results for the years prior to the pandemic. (Note: You can also find this year-end report in SEC.gov | AMC ENTERTAINMENT HOLDINGS, INC (https://www.sec.gov/edgar/browse/?CIK=0001411579). Look for the Select Filing section, find the “10-K Annual report for the year ending December 31, 2020”, which is published on 03/12/2021.)
Copy and paste the following questions in bold type as part of your initial response with your answers to each question underneath:
Using AMCs balance sheet included in the above hyperlink, answer the following questions:
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