AIRTICORDO CONC Try convenience vie upi *** —330, stores in central and western Canada. It also operates Circle K shops in the United States. Revenues Cost of sales Gross profit Operating, selling, administrative, and general expenses Restructuring costs 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) (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 $ YILE 2019 2018 $27,000.0 $26,590.0 22,858.2 22,769.0 4,141.8 3,821.0 3,177.9 3,023.3 17.3 65.4 (3.1) 73500 305.1 3,497.2 644.6 (19.4) 289.8 3,359.1 461.9 TMTM SVI 2017 $23,310.0 19,468.5 16.2 53.2 101.7 111.7 403.4 559.1 202.5 122.3 356.6 $ 281.1 $ 3,841.5 2,927.7 16.6 9.6 251.7 3,205.6 635.9 13.7 56.0 593.6 71.6 522.0 500 CHIMI Required: Using the concept of vertical analysis, complete the component percentage analysis on the company's statement of earnings follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages not add exactly due to rounding.)
AIRTICORDO CONC Try convenience vie upi *** —330, stores in central and western Canada. It also operates Circle K shops in the United States. Revenues Cost of sales Gross profit Operating, selling, administrative, and general expenses Restructuring costs 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) (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 $ YILE 2019 2018 $27,000.0 $26,590.0 22,858.2 22,769.0 4,141.8 3,821.0 3,177.9 3,023.3 17.3 65.4 (3.1) 73500 305.1 3,497.2 644.6 (19.4) 289.8 3,359.1 461.9 TMTM SVI 2017 $23,310.0 19,468.5 16.2 53.2 101.7 111.7 403.4 559.1 202.5 122.3 356.6 $ 281.1 $ 3,841.5 2,927.7 16.6 9.6 251.7 3,205.6 635.9 13.7 56.0 593.6 71.6 522.0 500 CHIMI Required: Using the concept of vertical analysis, complete the component percentage analysis on the company's statement of earnings follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages not add exactly due to rounding.)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.3MBA
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Visno
Transcribed Image Text:Revenues
Cost of sales
Gross profit
PUBLIC
TMEMBEN.
convenience upciu,
stores in central and western Canada. It also operates Circle K shops in the United States.
Operating, selling, administrative, and general expenses
Restructuring costs
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)
(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
$27,000.0 $26,590.0
22,858.2 22,769.0
4,141.8
3,177.9
17.3
R
VYICIS
(3.1)
H
1353
305.1
3,497.2
644.6
3,821.0
3,023.3
65.4
(19.4)
289.8
3,359.1
461.9
TILVICU
2017
$23,310.0
19,468.5
3,841.5
2,927.7
16.6
9.6
251.7
3,205.6
635.9
16.2
53.2
101.7
111.7
559.1
403.4
593.6
202.5
71.6
122.3
356.6 $ 281.1 $ 522.0
13.7
56.0
Required:
Using the concept of vertical analysis, complete the component percentage analysis on the company's statement of earnings t
follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages
not add exactly due to rounding.)
CONSOLIDATED STATEMENTS OF EARNINGS
For the years ended April 28, 2019, April 29, 2018, and April 30, 2017
SIIM R
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