Description: A few months ago, Canadian regulators issued a decision Canadian consumers were tantalized by: cheaper cellphone rates. But the industry watchers appear to be underwhelmed by the results. One of the experts called the new plans being offered “pretty much a joke.” Canadians remain behind other nations in terms of the amount of data usage on their phones, perhaps because of higher rates.
Date: February 16 , 2019
1) How much data do you use every month? What are you paying?
2) Why do you think Canadians pay more for their cellular services than consumers in other nations?
3) Page 452 in Wiley’s Financial Accounting: Tools for Business Decision-Making has a table of data on the accounts receivable for two major Canadian telecommunications companies. Using the data in the problem, which company do you think is doing the best job managing its collections?