Please use this link to get to the Annual Reports for the year 2022 and answer the
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Please use this link to get to the Annual Reports for the year 2022 and answer the following questions while including the page numbers you used to answer them: https://www.saputo.com/en/investors/shareholder-reports/2022
- On what day of the year does its fiscal year end? (1 mark)
- In its most recent financial report how many years are presented in the statements of financial position (balance sheets)? (1 mark)
- In its most recent financial report how many years are presented in the statements of comprehensive income (statements of earnings or income statements)? (1 mark)
- In its most recent financial report how many years are presented in the statement of cash flows? (1 mark)
- Are its financial statements audited by independent auditors? (1 mark)
- 6. If the financial statements are audited, by whom are they audited? (1 mark)
- Did the company's net earnings (net income) increase or decrease over the last two years and by how much? (2 marks)
- For the most recent year, what are the largest asset account by dollar amount? (1 mark)
- For the asset account identified in (8), what percentage of total assets does that account represent? (Computed as Asset Account Total Assets) (1 mark)
- What are the major investing and financing activities (by dollar size) for the most recent year? (Look at the statement of cash flows.) (2 marks)
- Compute the working capital and the current ratio for the most recent year. (6 marks)
- What do the results from (11) suggest about the company? (3 marks)
- What types of shares is the company authorized to issue? (1 mark) 3
- Did the company repurchase common shares during the most recent year? If so, how many shares were repurchased? (2 marks)
- For the most recent year, list the largest two accounts of the company's property, plant and equipment, and intangible assets. (2 mark)
- What percentage of total assets does the account listed in (15) above represent? (1 mark)
- Compute the fixed asset turnover ratio for the most recent year. (2 marks)
- What does the result from (17) suggest about the company? (2 marks)
- If the company acquired any businesses during the current year, what was the amount attributed to goodwill? (2 mark)
- Describe the company's revenue recognition policy. (Usually found in note 1 or 2 to the financial report, titled Significant Accounting Policies.) (1 mark)
- For the most recent year, which account is/are the major source(s) of revenue account for this company (read through the financial report to find this information)? (1 mark)
- Referring to the account identified in (21) above, what percentage does the account represent of total Sales Revenues? refer to the notes to the company's financial statements where companies may identify different sources of revenues. (1 mark)
- For the most recent year, what is the major expense account? (1 mark)
- Did the company's basic earnings per share increase or decrease over the past two years? (2 marks)
- Compute the gross profit margin for the most recent two years. (4 marks)
- Did the company's profitability improve or deteriorate over the past two years? (2 marks)
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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