Question

Go to Connect for the financial statements of RONA Inc. and related notes.
Required:
1. Use the company’s statement of financial position to determine the amounts in the accounting equation (A 5 L 1 SE) as at December 30, 2012.
2. If the company were liquidated at the end of the current year (December 30, 2012), are the shareholders guaranteed to receive $ 1,883,576,000?
3. What are the company’s non- current liabilities?
4. What is the company’s current ratio?
5. Did the company have a cash inflow or outflow from investing activities? How much?


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  • CreatedAugust 04, 2015
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