Obtain the annual report for Encana Corporation for the fiscal year ended December 31, 2013, either through

Question:

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

Required:
a. How much cash did the company not include in “cash and cash equivalents” on the balance sheet at the end of 2013?
b. At the end of 2013, how much were the gross and net amounts of trade receivables?
c. Taking into consideration the answer to part (b), the nature of the company’s business, and the discussion of credit risk in Note 21(c) of the financial statements, assess the reasonability of Encana’s allowance for doubtful accounts.
d. At the end of 2013, how much did Encana have in non-trade, non-current receivables?

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...

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