Question
IFRS16: The Leases Standard is Changing - Are You Ready? PwC (focus on pages 2, 5, 8, 9, 10) Air Canada 2019 Annual Report Below
IFRS16: The Leases Standard is Changing - Are You Ready? PwC (focus on pages 2, 5, 8, 9, 10) Air Canada 2019 Annual Report
Below questions are related to Air Canada 2019 Annual Report
1. Where is the change to IFRS 16, accounting for leases reflected in Air Canada's Balance Sheet, Income Statement, Statement of Cash Flow? How significant are these changes? 2. What key ratios would be impacted by this change? How significant are the impacts? 3. Consider a retailer like Lululemon. What would be the impact of IFRS16 on their Balance Sheet and key ratios?
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