1. Calculate the following for each of the 4 years and summarize each one on a separate slide. Show Calculations. Discuss direction and magnitude of any trends:

Gross Profit

Gross Profit Margin

Profit Margin

Inventory Turnover (for the most recent 3 years only)

REITMANS (CANADA) LIMITED CONSOLIDATED STATEMENTS OF EARNINGS For the years ended January 28, 2017 and January 30, 2016 (in thousands of Canadian dollars except per share amounts) Notes 2017 2016 Sales $ 951,989 $ 937,155 Cost of goods sold 5 429,606 410.035 Gross profit 522,383 527,120 Selling and distribution expenses 478,541 498,650 Administrative expenses 42,824 46,154 Results from operating activities 1,018 (17,684) Finance income 17 12,820 7,998 Finance costs 17 2,716 16.443 Earnings (loss) before income taxes 11,122 (26,129) Income tax (expense) recovery 9 (190) 1.426 Net earnings (loss) $ 10,932 S (24,703) Earnings (loss) per share: 18 Basic S 0.17 S (0.39) Diluted 0.17 (0.39)