Refer to the financial statements for Shoppers Drug Mart in Appendix II at the end of the

Question:

Refer to the for Shoppers Drug Mart in Appendix II at the end of the book. The balance in share capital at January 1, 2011, was $1,520,558 (thousand). What is the balance of share capital as of December 31, 2011? What caused the change in share capital from 2010 to 2011?

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...