Question: Calculate the financial statements ratios listed in Appendix 1 using the excel file with four years of restated and standardized financial statements for Roots and

Calculate the financial statements ratios listed in Appendix 1 using the excel file with four years of restated and standardized financial statements for Roots and Reitmans. Aim to calculate ratios for at least three years. For each ratio, comment on the trend and possible explanations (including information provided in the annual reports). All calculations should be supported by calculations in excel

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