Annual balance sheet item Open help content	2018 1/27/18	2019 2/2/19	2020 2/1/20	2021 1/30/21
Cash and Short Term Inv	55	50	90	439
Total Receivables, Net	12	36	35	21
Total Inventory	491	581	623	631
Prepaid Expenses	7	16	12	10
Other Curr. Assets, Total	0	6	4	0
Total Current Assets	565	689	764	1,100
Buildings	--	424	495	541
Land/Improvements	--	65	70	70
Machinery/Equipment	--	492	562	638
Construction in Progress	--	30	0	0
Other Prop./Plant/Equip.	1,142	1,208	1,284	1,345
Prop./Plant/Equip. - Gross	1,142	2,218	2,411	2,594
Accumulated Depreciation	--	-424	-484	-540
Prop./Plant/Equip. - Net	1,633	1,794	1,928	2,054
Goodwill, Gross	--	728	728	728
Accum. Goodwill Amort.	--	0	0	0
Goodwill, Net	728	728	728	728
Intangibles, Gross	--	211	231	258
Accum. Intangible Amort.	--	-62	-78	-97
Intangible, Net	143	149	153	162
Long Term Investments	--	--	143	179
Other Long Term Assets	--	--	--	0
Total Assets	3,069	3,360	3,716	4,224
Accounts Payable	--	80	65	67
Payable/Accrued	227	--	--	--
Accrued Expenses	--	79	91	96
Notes Payable/ST Debt	0	0	0	0
Curr. Port. LT Dbt/Cap Ls.	546	164	789	1,015
Dividends Payable	12	13	14	15
Income Taxes Payable	36	35	0	13
Other Payables	--	72	133	90
Other Current Liabilities	39	1	0	26
Other Curr. Lblts, Total	87	120	147	143
Total Current Liabilities	861	443	1,092	1,321
Long Term Debt	1,260	1,891	1,270	1,044
Capital Lease Obligations	1,196	1,246	1,332	1,402
Total Long Term Debt	2,457	3,137	2,602	2,446
Total Debt	3,003	3,301	3,392	3,461
Deferred Income Tax	83	97	114	122
Total Liabilities	3,401	3,677	3,809	3,889
Common Stock	416	408	449	485
Additional Paid-In Capital	28	32	29	29
Ret. Earn.(Accum. Deficit)	-743	-765	-574	-150
Other Equity, Total	-32	7	4	-29
Total Equity	-332	-317	-92	335
Total Liabilities & Shareholders' Equity	3,069	3,360	3,716	4,224

Required

1. Calculate the following ratios for the period 2018-2021 and comment on how Covid-19 has affected this Firm. In your analysis explain strategies that Dollarama can use to recover fully.

A) Current Ratio

B) Total Debt ratio

C) Inventory Turnover and Days sales in Inventory

D) Receivable Turnover and Days sales in Receivable Turnover

Open help content 2018 2019 2020 2021 1/27/18 2/2/19 2/1/20 1/30/21 3,266 3,549 3,787 4,026 1,965 1,965 2,135 2,258 Total Revenue Cost of Revenue, Total Sell/ General/Admin. Expenses, Total 475 505 552 549 Depreciation 58 220 227 251 Amortization of Intangibles 13 14 16 19 Depreciation/Amortization 71 233 243 270 Inter/Invest Inc, Operating 0 -10 -20 Unusual Expense (Income) 0 -3 108 Total Operating Expense Operating Income Inter Expse,Net Non-Operat 2,511 2,703 2,916 3,165 756 845 871 861 -40 -95 -101 -96 716 751 Net Income Before Taxes Provision for Income Taxes 770 206 765 201 196 206 Net Income After Taxes Net Income Before Extra. Items Net Income 519 519 519 545 545 545 564 564 564 564 564 564