Suppose you were considering making an investment in one of Canada's major grocery chains, Loblaw Companies Ltd.

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Suppose you were considering making an investment in one of Canada's major grocery chains, Loblaw Companies Ltd. or Sobeys Inc. As part of your research, you obtained each company's annual report. What concerns would you have in comparing the information presented in each company's financial statements when making your decision? What steps could you take to overcome these concerns?

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...
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