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Interpreting Financial Statements BY P8-2 Shaw Communications Inc. is a diversified Canadian communications company whose core operating business is provid ing broadband cable television services,

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Interpreting Financial Statements BY P8-2 Shaw Communications Inc. is a diversified Canadian communications company whose core operating business is provid ing broadband cable television services, Internet, telecommunica- tions services, satellite services, and programming content. Shaw reported the following information (in millions) in its financial statements for the fiscal years 2012 to 2014: 2014 2013 2012 Operating revenues (assume all credit) $5,241 $5,142 $4,998 Cash 637 422 427 Accounts receivable (gross) 525 513 461 Allowance for doubtful accounts 27 28 tnventories 96 102 Other current assets 1,396 2,205 1,595 Total current liabilities

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