Access the consolidated financial statements for Dollarama Inc. for the year ended January 28, 2018, from the company’s website or from SEDAR (www.sedar.com). Refer to these statements to answer the following questions.

Instructions

a. Did Dollarama report any of the following in fiscal 2018:

(1) stock dividends or stock splits,

(2) other comprehensive income, or

(3) correction of prior period errors?

b. Did Dollarama repurchase any shares in fiscal 2018 or 2017? If so, how much cash did it spend to reacquire the shares?

c. Basic EPS for Dollarama was reported in the chapter in Illustration 14.23. Did EPS improve or weaken in 2018? Explain what may have caused the change.

d. Did Dollarama report any fully diluted EPS in fiscal 2018 and 2017? If yes, what was the difference between these amounts and the basic EPS for each year?

e. Calculate Dollarama’s price-earnings ratio for 2018 and 2017. The share price on January 26, 2018, was $56.43 and on January 27, 2017, was $33.14. (Share prices are from the Friday before the yearend date). Did the price-earnings ratio improve or weaken in 2018? Is your answer consistent with your findings in part (c)? Explain.

f. Dollarama’s payout ratio for 2018 was reported in the chapter in Illustration 14.24. Calculate its payout ratio for 2017. Explain what caused the difference between the two years.