The financial statements of Aritzia Inc. are presented in Appendix A at the end of this textbook.

Instructions
a. What title does Aritzia use for its income statement? What title does Aritzia use for its balance sheet?
b. How much depreciation on its property and equipment did Aritzia record in 2020 and 2019?
c. Does Aritzia report profit or does it use another term for its financial results?
d. Aritzia reports prepaid expenses and other current assets on its balance sheet but does not provide any additional details in its notes to the financial statements. Provide two examples of expenses that Aritzia might have prepaid.