Question: The objective of this exercise is to develop your ability to perform a comprehensive analysis on a set of financial statements. Use the copy of

The objective of this exercise is to develop your ability to perform a comprehensive analysis on a set of financial statements. Use the copy of the 2018 annual report of Dollarama Inc. (year-end January 28, 2018) fromAppendix A of your textbook. You may need to go to Dollarama's website to get the full annual report including the annual information return.

Using information you have learned in the text and elsewhere, evaluate Dollarama's profitability for 2018 compared with 2017. In your analysis, compute the following ratios and then comment on what those ratios indicate. NOTE: You will have to look up the annual report for 2017 to obtain total assets and shareholders' equity for 2016. See Sedar or use Dollarama's website.

  1. Return on sales(show computation)
  2. Asset turnover(show computation)
  3. Return on assets(show computation)
  4. Leverage ratio(show computation)
  5. Return on equity(show computation)
  6. Gross profit percentage(show computation)
  7. Earnings per share (show computation)
  8. Book value per share(show computation)

* I am confused on what sheet on their website to use.* When helping can you also post the link to the sheet used to answer these questions please*

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!