Question: What was TELUS net income for fiscal 2011 What was
What was TELUS' net income for fiscal 2011? What was its cash from operations (CFO)? How do you explain the difference between net income and CFO? Based on your assessment of net income and CFO, did TELUS have a good year or a bad year in 2011? Based on the information provided, are you concerned about TELUS' liquidity position?
Answer to relevant QuestionsWhat amount of property, plant, and equipment does TELUS report on its December 31, 2011 balance sheet? What does the amount on the balance sheet represent (how would you explain what the amount means to a novice user of ...Accounting for property, plant, and equipment, intangible assets, and goodwill requires many estimates and the exercise of judgment by a company's management. What are some of the estimates and judgments that TELUS' ...What is a current liability? Why is it important to know the amount of current liabilities an entity has? Why is the distinction between current and non-current liabilities important for some stakeholders?Entities that use future income tax accounting show two components of the income tax expense: the current expense and the future expense. Explain these two components.What are restrictive covenants? Why are restrictive covenants sometimes included as part of debt agreements? How does a borrower benefit from a restrictive covenant? Why would a borrower prefer to avoid having restrictive ...
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