Question
Review the case BACK-IT-UP (Canadian Financial Accounting Cases textbook, pages 125-130). Develop a formal response to the problem(s) posed in the case. Note that a
Review the "case "BACK-IT-UP" (Canadian Financial Accounting Cases textbook, pages 125-130). Develop a formal response to the problem(s) posed in the case. Note that a complete analysis will reveal seven issues to address. There is no set length to the report but clear, succinct, and concise language and organization will be considered favorably in the grade. Please submit the final report as a Word document. If you have any technical issues please contact Technical Support immediately by clicking on the AskYU icon in the top right of any screen on the campus. Unlike the previous case analyses in this course, the issues to be addressed will be hidden. Part of your responsibility will be to identify the critical issues in the case and solve them.
| Activity/Competencies Demonstrated | % of Final Grade |
1. | Identification and Analysis of Issues (80%) |
|
| Issue 1: Accounting for the Lease | /20 |
| Issue 2: Preferred Shares | /15 |
| Issue 3: Post-retirement benefits | /15 |
| Issue 4: Long-term Note Receivable | /15 |
| Issue 5: Future Tax Liability | /15 |
2. | Recommendation (10%) |
|
| a. Provides appropriate recommendation given the case facts and analysis completed | /10 |
3. | Attention to Detail (10%) |
|
| a. Spelling, grammar, and formatting | /10 |
Total | /100 |
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