Go to the Roots website and find its 2017 Annual Report. Form groups of three and complete the following questions:
1. Refer to page 46 of the 2017 Annual Report. What is Roots’s reporting period?
2. Refer to page 14 of the 2017 Annual Report. Discuss the seasonality of Roots’s business. Which is the company’s strongest quarter?
3. What currency does Roots use in its financial statements?
4. Refer to “Revenue Recognition” on page 49 of the 2017 Annual Report. When does Roots record its retail sales?