Question: Simon is looking over the annual report from Movement Global, a manufacturer and retailer of yoga wear. He has to make four calculations. -Gross margin

Simon is looking over the annual report from Movement Global, a manufacturer and retailer of yoga wear. He has to make four calculations. -Gross margin % -Inventory turns -Quick ratio -Current ratio

Cash and cash equivalents CAD

$ 1,071,634.90

Accounts Receivable CAD

$ 39,816.81

Inventories CAD

$ 528,883.26

Prepaid and receivable income taxes CAD

$ 86,862.18

Other prepaid expenses and current assets CAD

$ 71,952.84

Property and equipment, net CAD

$ 671,693.00

Right-of-use lease assets CAD

$ 696,560.64

Goodwill and intangible assets, net CAD

$ 24,911.46

Deferred income tax assets CAD

$ 31,749.35

Other non-current assets CAD

$ 55,076.98

Accounts payable CAD

$ 79,997.00

Accrued inventory liabilities CAD

$ 6,407.44

Accrued compensation and related expenses CAD

$ 136,361.76

Current lease liabilities CAD

$ 131,066.94

Current income taxes payable CAD

$ 25,907.28

Unredeemed gift card liability CAD

$ 119,208.87

Other current liabilities CAD

$ 127,543.86

Non-current lease liabilities CAD

$ 617,578.64

Non-current income taxes payable CAD

$ 47,743.74

Deferred income tax liabilities CAD

$ 43,866.32

Other non-current liabilities CAD

$ 5,540.04

Annual COGS CAD

$ 1,738,350.90

Annual Sales CAD

$ 3,939,503.04

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