Question: 1.) Calculate the CFFA by applying both formulas discussed in the class (75 marks) 2) Why should the companies apply CCA approach in Canada? Explain
1.) Calculate the CFFA by applying both formulas discussed in the class (75 marks)

2) Why should the companies apply CCA approach in Canada? Explain the significance of the concept towards profitability of the firm. (25 marks)
KLM Corporation Statement of financial positions as of December 31, 2008 and 2009 KLM Corporation Statement of financial positions as of December 31, 2008 and 2009
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