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1. You are a shareholder of Canadian Tire Co., a company that is listed on the Toronto Stock Exchange. The company recently sent you its
1. You are a shareholder of Canadian Tire Co., a company that is listed on the Toronto Stock Exchange. The company recently sent you its annual financial statements. Required (a) Why has the company done this? (b) When would you expect to receive the statements? (c) What information would you expect to get from the income statement? (d) What information would you expect to get from the statement of retained earnings? What information would you expect to get from the balance sheet? (f) What information would you expect to get from the cash flow statement? (g) In what ways could you use this information to make an informed choice about your investing and lending decisions? (e)
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