Comprehensive Case Financial Statement Analysis The objective of this exercise is to develop your ability to perform a comprehensive analysis on a set of financial statements. Use the copy of the 2018 annual report of Dollarama Inc. (year end January 28, 2018) from Appendix A. You may need to go to Dollaramas website to get the full annual report including the annual information return. Requirement 3 Evaluate the companys ability to sell inventory and pay debts during 2018 and 2017. In your analysis, you should compute the following ratios, and then comment on what those ratios indicate. Since the 2018 annual report only includes the balance sheets for 2018 and 2017, you will need to look up the annual report for 2017 for information about 2016 accounts receivable, inventory, and accounts payable. a. Accounts receivable turnover and days sales outstanding b. Inventory turnover and days inventory outstanding c. Accounts payable turnover and days payable outstanding d. Cash conversion cycle e. Current ratio f. Quick (acid-test) ratio g. Debt ratio h. Times interest earned Requirement 5 Other financial analysis. a. Compute common-size percentages for sales, gross profit, operating income, and net income for 20152018. Comment on your results. b. Compute trend percentages, using 2015 as the base year, for total revenues and net earnings. Comment on your results. Requirement 6 Evaluate Dollaramas shares as an investment. a. What was the closing market price of Dollaramas shares on January 29, 2018, the next trading day after the balance-sheet date of January 28, 2018? b. Compute the price-earnings ratio using your EPS calculation and the market price you just determined. Google Dollaramas stock price on Yahoo Finance; Dollaramas ticker symbol is DOL.TO. c. Based on Managements Discussion and Analysis (annual report) as well as any business news (Google Finance is an example), would you evaluate the companys shares as a buy, hold, or sell? State your reasons.