Obtain the annual report for Air Canada for the fiscal year ended December 31, 2013, either through

Question:

Obtain the annual report for Air Canada for the fiscal year ended December 31, 2013, either through the company’s website or through SEDAR (www.sedar.com).

Required:
a. How much did the company have in cash and cash equivalents at the end of 2013? Of the amount in cash and cash equivalents, how much is actually cash?
b. How much restricted cash was not included in cash and cash equivalents but was instead listed in current assets? What comprised this restricted cash?
c. How much in net accounts receivable did the company have at the end of 2013? How much was the gross amount of accounts receivable? How do accounts receivable arise for Air Canada?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...

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