The financial statements and accompanying notes of Shoppers Drug Mart are presented in Appendix 5B as they appear in the company's annual report.
Refer to the statements and notes to answer the following questions.
(a) 'What type of income statement format does the company use: single- or multiple-step?
(b) 'What business is the company in? How is this reflected in the balance sheet and income statement?
(c) Is the income statement presented by function or nature? 'Why?
(d) 'What is included in other comprehensive income and what is the total of comprehensive income for the current year? How much of this income or loss is attributable to the shareholders of the parent and to the non-controlling shareholders?
(e) How has the EPS been calculated? How many EPS figures are presented and why? 'Where is the EPS disclosed?

  • CreatedSeptember 18, 2015
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