Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec...
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Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada It also operates Circle K shops in the United States. CONSOLIDATED STATEMENTS OF EARNINGS for the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of us. dollars, except per-share amounts) Revenues Cost of sales 2819 $26,00 22,019,4 2018 $25,598.8 2017 $22,318.0 21,920.41 18,640.0 Gross profit 3,980,6 3,669.61 3,670.0 Operating, selling, administrative, and general expenses Restructuring costs 1,052.4 2,901.9 2,795.4 (Gain) lass on disposal of property and equipment and other assets 13,3 60.4 11.6 (11.0) (18.4) Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 295-8 278.9 Total operating expenses 3.337.5 Operating inco 643.1 3,222.8 446.B Share of earnings of joint ventures and associated companies accounted for using the equity method 20.0 Net financial expenses 16.7 56.3 110.7 240.9 3,056.5 611.5 12.7 58.1 Earnings before income taxes 563.2 392-4 568.1 Income taxes ft earnings 202.4 115.2 71.6 $1070.8 $ 277.25 497.5 Complete the component percentage analysis on the company's statement of earnings that follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages may not add exactly due to rounding.) Revenues Cost of sales CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) 2019 2018 2017 $ 30,500.0 $ 30,090.0 $ 26,810.0 2019 2018 2017 % % 25,796.9 25,742.0 22,370.3 % % Gross profit Operating, selling, administrative, and general expenses Restructuring costs (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 4.703.1 4.348.0 4,439.7 % % 3,602.1 3,433.3 3,378.1 % % 15.7 63.4 14.6 % % (2.7) (19.0) 9.2 % % % 332.5 315.9 278.8 % % % Total operating expenses 3.947.6 3,793.6 3.680.7 % % % Operating income 755.5 554.4 759.0 % % % Share of earnings of joint ventures and associated companies accounted for using the equity method 48.7 90 2 13.3 % % % Net financial expenses 101.3 111.3 91.1 % % 96 Earnings before income taxes 702 9 533.3 681.2 % % % Income taxes 213.5 123.4 712 % % % Net earnings S 489.4 S 409.9 $ 610.0 96 96 96 27 Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada It also operates Circle K shops in the United States. CONSOLIDATED STATEMENTS OF EARNINGS for the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of us. dollars, except per-share amounts) Revenues Cost of sales 2819 $26,00 22,019,4 2018 $25,598.8 2017 $22,318.0 21,920.41 18,640.0 Gross profit 3,980,6 3,669.61 3,670.0 Operating, selling, administrative, and general expenses Restructuring costs 1,052.4 2,901.9 2,795.4 (Gain) lass on disposal of property and equipment and other assets 13,3 60.4 11.6 (11.0) (18.4) Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 295-8 278.9 Total operating expenses 3.337.5 Operating inco 643.1 3,222.8 446.B Share of earnings of joint ventures and associated companies accounted for using the equity method 20.0 Net financial expenses 16.7 56.3 110.7 240.9 3,056.5 611.5 12.7 58.1 Earnings before income taxes 563.2 392-4 568.1 Income taxes ft earnings 202.4 115.2 71.6 $1070.8 $ 277.25 497.5 Complete the component percentage analysis on the company's statement of earnings that follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages may not add exactly due to rounding.) Revenues Cost of sales CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) 2019 2018 2017 $ 30,500.0 $ 30,090.0 $ 26,810.0 2019 2018 2017 % % 25,796.9 25,742.0 22,370.3 % % Gross profit Operating, selling, administrative, and general expenses Restructuring costs (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 4.703.1 4.348.0 4,439.7 % % 3,602.1 3,433.3 3,378.1 % % 15.7 63.4 14.6 % % (2.7) (19.0) 9.2 % % % 332.5 315.9 278.8 % % % Total operating expenses 3.947.6 3,793.6 3.680.7 % % % Operating income 755.5 554.4 759.0 % % % Share of earnings of joint ventures and associated companies accounted for using the equity method 48.7 90 2 13.3 % % % Net financial expenses 101.3 111.3 91.1 % % 96 Earnings before income taxes 702 9 533.3 681.2 % % % Income taxes 213.5 123.4 712 % % % Net earnings S 489.4 S 409.9 $ 610.0 96 96 96 27
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To calculate the component percentage analysis for the consolidated statements of earnings we can use the following formula Component Percentage Compo... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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