Question: 1) Need to perform vertical and horizontal analysis and explain findings. The base year is 2019. 2) Profitability and ratio analysis Consolidated Statement of Net

1) Need to perform vertical and horizontal analysis and explain findings. The base year is 2019. 2) Profitability and ratio analysis1) Need to perform vertical and horizontal analysis and explain findings. The

Consolidated Statement of Net Earnings and Comprehensive Income for the years ended (Expressed in thousands of Canadian dollars, except share and per share amounts) Note February 2, 2020 $ February 3, 2019 $ Restated (1) Sales Cost of sales 3,787,291 2,134,933 18 3,548,503 1,964,516 1,583,987 1,652,358 505,420 233,378 18 5 Gross profit General, administrative and store operating expenses Depreciation and amortization Share of net earnings of equity-accounted investment Operating income Financing costs Other income Earnings before income taxes Income taxes 551,699 242,785 (10,263) 868,137 100,605 (2,835) 845,189 94,597 18 5 770,367 750,592 14 206,328 205,606 Net earnings 564,039 544,986

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