Assets Current assets: Canada Technology Corporation Consolidated Statements of Financial Position (in millions) Cash and cash equivalents Short-term investments Accounts receivable, net Inventories Other Total current assets Property, plant, and equipment, net Investments Other non-current assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Accrued and other Total current liabilities Long-term debt Other non-current liabilities Commitments and contingent liabilities Total liabilities Shareholders' equity: Preferred shares; shares issued: 0 Common shares; shares authorized: 7,000; shares issued: 2,556 and 2,579, respectively Retained earnings Other comprehensive loss Other Total shareholders' equity Total liabilities and shareholders' equity $ $ December 31, $ 2020 4,317 $ 835 3,635 327 1,519 10,633 1,517 6,770 391 19,311 $ $ 7,316 $ 3,580 10,896 505 1,630 13,031 284 6,131 (83) (52) 6,280 19,311 $ 2019 4,232 406 2,586 306 1,394 8,924 913 5,267 366 15,470 5,989 2,944 8,933 506 1,158 10,597 1,479 3,486 (33) (59) 4,873 15,470

Assets Current assets: Canada Technology Corporation Consolidated Statements of Financial Position (in millions) Cash and cash equivalents Short-term investments Accounts receivable, net Inventories Other Total current assets Property, plant, and equipment, net Investments Other non-current assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Accrued and other Total current liabilities Long-term debt Other non-current liabilities Commitments and contingent liabilities Total liabilities Shareholders' equity: Preferred shares; shares issued: 0 Common shares; shares authorized: 7,000; shares issued: 2,556 and 2,579, respectively Retained earnings Other comprehensive loss Other Total shareholders' equity Total liabilities and shareholders' equity $ $ December 31, $ 2020 4,317 $ 835 3,635 327 1,519 10,633 1,517 6,770 391 19,311 $ $ 7,316 $ 3,580 10,896 505 1,630 13,031 284 6,131 (83) (52) 6,280 19,311 $ 2019 4,232 406 2,586 306 1,394 8,924 913 5,267 366 15,470 5,989 2,944 8,933 506 1,158 10,597 1,479 3,486 (33) (59) 4,873 15,470

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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