Roots Corporation, or Roots, is a publicly held Canadian brand that sells apparel for women, men children and babies as well as accessories.

Roots was founded in 1973 by Michael Budman and Don Green, two city kids who met at summer camp in Ontario's Algonquin Park. Inspired by the experience of traveling from their city homes into the heart of Canada's wilderness, they created Roots.

Roots provide a broad range of products, including women's and men's apparel, leather goods, footwear, accessories, and kids, toddler and baby apparel.

While the birthplace was a little cabin in Algonquin Park, they inspire the world to experience everyday adventures with comfort and style. They have more than 120 stores across North America, more than 150 internationally, and offer online shipping to over 70 countries.

Required:

Go to the Roots website and find the Annual Report for 2022, here is the link:

https://investors.roots.com/financials/financial-reports/default.aspx

https://s22.q4cdn.com/148529933/files/doc_financials/2020/ar/Roots-FY-2022-Annual-Report_vf.pdf

Refer to the Consolidated Statement of Financial Position (Balance Sheet) and answer the following questions(4 Marks)

List 2 current assets and 2 non current assets

List 2 current liabilities and 2 non current liabilities

Refer to the Consolidated Statement of Net Income and answer the following questions(3 Marks)

What are the sales for this period

What are the sales for last period

Did the sales increase or decrease and indicate the change in %age.

What is the net income before income taxes this period?

Refer to the notes starting on page 48 - Operating environment

Produce summary the concerns of COVID from Roots' perspective and what other factors have impacted their operations,(