Question

Go to Connect for the financial statements of RONA Inc.
Required:
Answer each of the following questions and indicate where you located the information to answer the question.
1. What method(s) of depreciation of property, plant, and equipment and amortization of intangible assets does the company use?
2. What types of property, plant, and equipment does RONA own or control as at December 30, 2012?
3. What types of intangible assets does RONA own as at December 30, 2012?
4. What is the amount of accumulated depreciation on the company’s buildings as at December 30, 2012?
5. For depreciation purposes, what is the estimated useful life of the computer hardware? How old is the computer hardware, on average?
6. What amount of depreciation and amortization expense was reported for the 2012 fiscal year?
7. Did RONA acquire any businesses during fiscal year 2012? If so, what was the total cost of acquisition and what percentage of that cost was attributed to goodwill?
8. What is the fixed asset turnover ratio for the 2012 fiscal year? What does it suggest?


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  • CreatedAugust 04, 2015
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