Question: Refer to the financial statements of Canadian Tire Corporation Appendix

Refer to the financial statements of Canadian Tire Corporation (Appendix A) and RONA Inc. (on Connect).
Required:
1. Examine the statements of cash flows for both companies. What are the primary sources of cash flows for both companies for fiscal year 2012?
2. Two financial ratios (the debt- to- equity ratio and the times interest earned ratio) are discussed in this chapter. Compute these ratios for both companies for fiscal year 2012. Are they relevant for these companies? Explain.

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  • CreatedAugust 04, 2015
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