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Answer the questions below using the excerpts from Dollarama Inc. financial statements reproduced on the following pages. Dollarama is a Canadian retailer with over 1,000
Answer the questions below using the excerpts from Dollarama Inc. financial statements reproduced on the following pages. Dollarama is a Canadian retailer with over 1,000 stores across Canada. It sells a high volume of low-cost household goods - all items sell for less than $4.00. Read Note 12 e) on page 5. What is the total dividend declared in fiscal 2021 for Dollarama? I have not provided you with the cash flow statement but determine how much cash was paid to shareholders using information available to you in the financial statement excerpts. Briefly explain your logic. The table below outlines the amounts of dividends recognized as distributions to holders of common shares in the consolidated statement of changes in shareholders' equity (deficit) during each quarter of the fiscal year ended January 30, 2022 and January 31, 2021
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