The financial statements of Eastern Platinum Limited are presented in Appendix A at the end of the

Question:

The of Eastern Platinum Limited are presented in Appendix A at the end of the book.
Instructions
(a) What types of current and non-current liabilities were reported in Eastplats's statement of financial position at December 31, 2010?
(b) Eastplats reports finance leases but no operating leases. Explain what impact this would have, if any, on a analysis of the company.
(c) In Note 25, Events After the Reporting Period, Eastplats reports that it has arranged for a U.S. $100 million loan. Assuming total assets and total liabilities remain unchanged except for the impact of this loan, what impact do you expect the U.S. $100 million loan is to have on the company's debt to total assets ratio? That is, would you expect this ratio to increase, decrease, or remain unchanged. Explain.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Solvency
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial...