The financial statements of The North West Company Inc. are presented in Appendix A at the end

Question:

The of The North West Company Inc. are presented in Appendix A at the end of the book.
Instructions
(a) What types of current and non-current liabilities were reported in The North West Company's statement of financial position (balance sheet) at January 31, 2016?
(b) By looking at the details provided in the long-term debt note to the determine what is the most significant component of the current portion of long-term debt and the most significant component of the long-term debt balances.
(c) The company has issued some senior notes, some of which have fixed interest rates while others have floating rates. What could be a reason for issuing notes with both of these types of interest rates?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...