Aastra Technologies Limitedheadquartered in Concord, Ontario, a Canadian public company, makes products and systems for accessing communication networks including the internet. Its products include residential and business telephone terminals, screen telephones, Enterprise Private branch exchanges (PBX), network access terminals and high quality digital video encoders, decoders and gateways. The year end 2011 financial statements report 52% of assets from only 2 assets: Cash = $129,933 (thousands) and A/R = $167,142 (thousands). All assets = $567,525 (thousands).

Cash and Accounts Receivables are the two Assets discussed in depth in this chapter.

• Find a Canadian company on theToronto Stock Exchange, https://www.tmx.com/with Cash and Receivables equalling 35-50% total assets. What assets are driving this number? What pros and cons are there?