Question: Read note 2.d) to Reitmans' financial statements. Explain why it's necessary for Reitmans to make judgments, estimates, and assumptions when preparing its financial statements. Provide

Read note 2.d) to Reitmans' financial statements. Explain why it's necessary for Reitmans to make judgments, estimates, and assumptions when preparing its financial statements. Provide examples from the information about Reitmans in Exhibit 3.1.

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