Questions from Intermediate Accounting


Q: The audited annual financial statements of Maple Leaf Foods Inc. for

The audited annual financial statements of Maple Leaf Foods Inc. for the year ended December 31, 2017, can be found on the company's website or from SEDAR (www.sedar.com). Instructions a. Calculate t...

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Q: Obtain the 2001 and 2017 annual reports of Goldcorp Inc. from

Obtain the 2001 and 2017 annual reports of Goldcorp Inc. from SEDAR (www.sedar.com). Instructions Read the annual report material leading up to the financial statement section and answer the followin...

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Q: The financial statements of Quebecor Inc. and Thomson Reuters Corporation for

The financial statements of Quebecor Inc. and Thomson Reuters Corporation for their fiscal years ended December 31, 2017, can be found on SEDAR (www.sedar.com) or the companies' websites. Instruction...

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Q: The partner in charge of the James Spencer Corporation audit comes by

The partner in charge of the James Spencer Corporation audit comes by your desk and leaves a letter he has started to the CEO and a copy of the statement of cash flows for the year ended December 31,...

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Q: Hudson's Bay Company's financial statements for its year ended February 3,

Hudson's Bay Company's financial statements for its year ended February 3, 2018 (fiscal 2017) can be found at the end of this book. Instructions Refer to the company's financial statements and accomp...

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Q: When Canadian public companies were required to apply IFRS beginning in 2011

When Canadian public companies were required to apply IFRS beginning in 2011, one of the major issues faced by some of them, particularly those whose revenues were regulated by an independent body, co...

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Q: Air France-KLM Group and Air Canada are both global airline

Air France-KLM Group and Air Canada are both global airline companies. Both companies report under IFRS. Access the financial statements of Air France-KLM for its year ended December 31, 2017, and Air...

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Q: Access the annual report for British Airways Plc (BA) for

Access the annual report for British Airways Plc (BA) for the year ended December 31, 2017, from its parent company's website (www.iagshares.com). British Airways is now a part of the International Ai...

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Q: Nike, Inc. has had endorsement contracts with some of the

Nike, Inc. has had endorsement contracts with some of the world's best-known golfers. For example, Nike has been able to gain the rights to use top golfers' names in advertising promotions and on Nike...

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Q: Kolber Manufacturing Limited designs, manufactures, and distributes safety boots.

Kolber Manufacturing Limited designs, manufactures, and distributes safety boots. In January 2020, Kolber purchased another business that manufactures and distributes safety shoes, to complement its e...

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