Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec...
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Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada. It also operates Circle K shops in the United States. Revenues Cost of sales Gross profit CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) Operating, selling, administrative, and general expenses Restructuring costs (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets Total operating expenses Operating income Share of earnings of joint ventures and associated companies accounted for using the equity method Net financial expenses Earnings before income taxes. Income taxes Net earnings 2019 2018 $29,500.0 $29,090.0 24,986.5 24,921.4 4,513.5 4,168.6 3,472.2 3,307.5 16.5 64.4 (2.9) 327.5 3,813.3 700.2 5.7 101.5 604.4 215.4 389.0 (19.2) 311.3 3,664.0 504.6 46.5 111.5 439.6 128.0 311.6 2017 $25,810.0 21,566.8 4,243.2 3,241.7 15.6 9.4 273.6 3,540.3 702.9 WARNINGS 13.5 51.7 664.7 71.4 593.3 Required: Complete the component percentage analysis on the company's statement of earnings that follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages may not add exactly due to rounding.) Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada. It also operates Circle K shops in the United States. Revenues Cost of sales Gross profit CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) Operating, selling, administrative, and general expenses Restructuring costs (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets Total operating expenses Operating income Share of earnings of joint ventures and associated companies accounted for using the equity method Net financial expenses Earnings before income taxes. Income taxes Net earnings 2019 2018 $29,500.0 $29,090.0 24,986.5 24,921.4 4,513.5 4,168.6 3,472.2 3,307.5 16.5 64.4 (2.9) 327.5 3,813.3 700.2 5.7 101.5 604.4 215.4 389.0 (19.2) 311.3 3,664.0 504.6 46.5 111.5 439.6 128.0 311.6 2017 $25,810.0 21,566.8 4,243.2 3,241.7 15.6 9.4 273.6 3,540.3 702.9 WARNINGS 13.5 51.7 664.7 71.4 593.3 Required: Complete the component percentage analysis on the company's statement of earnings that follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages may not add exactly due to rounding.)
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Related Book For
Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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