Brookfield Properties Corporation reported net income of $1,896 million for the year ended December 31, 2011, which

Question:

Brookfield Properties reported net income of $1,896 million for the year ended December 31, 2011, which is up 12.5% from the prior year. The company owns, develops, and manages North American office properties and its shares trade on both the New York and Toronto stock exchanges. The company takes pride in its strong financial position and in providing a foundation for growth. Obtain the Consolidated Balance Sheets for 2011 and 2008, which can be found on the company website or on Sedar (www.sedar.com).
Instructions
Many companies in the real estate business choose not to use a classified For example, if you compare the 2008 with the 2011 of Brookfield Properties, you will notice that they previously did not use a classified Compare the two forms of presentation and discuss the advantages and disadvantages of the classified Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...