What was TELUS' return on assets for the years ended December 31, 2011 and 2010? Interpret the ratios you calculated.
Answer to relevant QuestionsWhat amount of property, plant, and equipment does TELUS have that is fully depreciated but still in use? What is the carrying amount of this property, plant, and equipment? How is it possible that TELUS can still be using ...Why is the current portion of long-term debt classified separately as a current liability? What would the impact on users of the financial statements be if the current portion wasn't reported separately? 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 bond discounts and premiums? Why are bonds sometimes sold at a discount or premium? Because it's so difficult to estimate the cost of providing defined-benefit pensions to employees, it would make more sense, and result in more accurate financial statements, to simply expense pension costs as employees ...
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