Question: The table below shows selected information reported by a Canadian retailer during a five-year period: Required: Based on the data above, analyze the changes that

The table below shows selected information reported by a Canadian retailer during a five-year period:

(in millions of dollars, except EPS) Gross operating revenue Operating expenses Depreciation

and amortization Interest expense 20X4 $8,687 $9,121 7,788 8,200 248 226 20X5

Required:
Based on the data above, analyze the changes that have occurred over this five-year period in terms of profitability and solvency.

(in millions of dollars, except EPS) Gross operating revenue Operating expenses Depreciation and amortization Interest expense 20X4 $8,687 $9,121 7,788 8,200 248 226 20X5 147 123 20X2 $8,606 $8,253 7,694 7,416 207 192 63 20X3 76 20X1 $ 7,714 6,896 185 84

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