How are inventories presented in the income statements of Morning Java (ASPE), Leons Furniture Limited, and Shoppers

Question:

How are inventories presented in the income statements of Morning Java (ASPE), Leon’s Furniture Limited, and Shoppers Drug Mart Corporation? Is there additional information provided in the notes to the for Leon’s Furniture and Shoppers Drug Mart. These statements are found in Appendixes A, B, and C at the back of the textbook.
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...