Dollarama Inc. reported the following selected financial data (in thousands) for a recent year: Interest expense .........................................................
Question:
Dollarama Inc. reported the following selected financial data (in thousands) for a recent year:
Interest expense ......................................................... $ 100,605
Income tax expense .......................................................206,328
Profit for the year ........................................................... 564,039
Total assets .................................................................. 3,716,456
Total liabilities ............................................................. 3,808,652
Cash provided by operating activities ...................... 732,508
Cash used by investing activities ................................. 199,313
Calculate the following ratios:
(a) Debt to total assets
(b) Interest coverage
(c) Free cash flow
Step by Step Answer:
in thousands a b c F...View the full answer
Accounting Principles Volume 2
ISBN: 9781119786634
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
