Brookfield Asset Management Inc. Access the financial statements and accompanying notes of Brookfield Asset Management Inc. for

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Brookfield Asset Management Inc. Access the financial statements and accompanying notes of Brookfield Asset Management Inc. for the year ended December 31, 2017, through SEDAR (www.sedar.com) or on the company's website and then answer the following questions. 


Instructions 

a. Using ratio analysis, prepare an assessment of Brookfield Asset Management Inc.'s solvency and financial flexibility for the fiscal years ended December 31, 2017, and December 31, 2016. 

b. What types of interest-bearing debt have Brookfield and its subsidiaries issued? Provide a summary of the extent to which the total interest-bearing debt reported is due within the following 12 months, 2 to 5 years, 6 to 10 years, and more than 10 years from the reporting date of December 31, 2017. Is any of this debt secured? Explain briefly. 

c. Provide a summary of the currency in which the interest-bearing debt is repayable. How are these amounts reported on Brookfield's balance sheet? 

d. Briefly explain why the subsidiary borrowings are included in Brookfield's liabilities

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Related Book For  book-img-for-question

Intermediate Accounting Volume 2

ISBN: 9781119497042

12th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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