explain why indigo is a mechandiser using the information that is available on THE FINANCIAL STATEMENT.

( i have to use the fianancial statement for the answer, i've provided pictures of the statements)

Consolidated Balance Sheets As at April 2021 As at March 28 2020 84,935 22,976 215,114 12.278 120,473 7,640 241,812 6,062 138 (thousands of Canadian dollars ASSETS Current Cash and cash equivalents Snote 77 Accounts receivable Inventories (note 8 Prepaid expenses Income taxes receivable Derivative assets (note 99 Other assets (note 131 Total current assets Loan receivable (note 13) Property, plant, and equipment, net notis 6 and 101 Right-of-use assets, net (notes 6 and 11) Intangible assets, net notes 6 and 12) Equity investment, net inches 6 and 13) Total assets 2,120 337,423 77,131 361,864 20,916 2,156 799,490 3,794 2,320 382,239 446 91,215 382,146 24,571 2,353 882,970 164,294 51,673 2,034 10.682 68,402 LIABILITIES AND EQUITY Current Accounts payable and accrued liabilities (note 23 Unredeemed gift card liability Provisions tram 15 and 231 Deferred revenue Short-term lease liabilities totes 11 and 23) Derivative liabilities note 91 Total current liabilities Long-term accrued liabilities inche 23 Long-term provisions totes 15 and 23 Long-term lease liabilities indem 11 und 23 Total liabilities Equity Share capital note 173 Contributed surplus tnote 18 Retained deficit Accumulated other comprehensive income (loss) Total equity Total liabilities and equity 145,193 58,053 2,365 16,486 67,603 1.622 291,322 2,090 827 482,671 776,910 297,085 1.196 469 500,215 798.965 226,986 13,782 (216,668) (1.520) 22,580 799.490 226,986 12,822 (158,801) 2.998 84,005 882.970 Consolidated Statements of Loss and Comprehensive Loss 53 period ended April 2021 52 week period ended March 28 2020 thousands of Canadian dollars per share data 904,738 (567,9021 336,836 (368,705) Revenue ince 19 Cost of sales Gross profit Operating, selling, and other expenses from 10, 11, 12, 13 and 19 Impairment losses the Operating loss Net interest expense rote 111 Share of loss from equity investments trate 13) Loss before income taxes Income tax expense de 141 Net loss (31,869) (24,784) (197) (56,850) (1.017) (57,867) 957.722 (553,627) 404,095 (422,624) (56,582) (75,111) (23,524) (1,651) (100,286) (84,712) (184,998) Net loss per common share 201 Basic Diluted $(2.09) S(2.09) $16.72) $(6.72) Consolidated Statements of Changes in Equity Acumulated Other Comprehensive Income (Los) Share Capital Retained Earning Deficit Contributed Surplus Equity thousands of Canadan olan 226,986 12,822 2,998 (158,801) (57.867) Balance, March 28, 2020 Net loss for the period Share-based compensation note 18) Directors' compensation note 18) Other comprehensive loss note Foreign currency translation adjustment Balance, April 3, 2021 666 294 84,005 (57.867) 666 294 (4,399) (119) 22,580 (4.399) (119) (1,520) 226,986 13,782 (216,668) Se companying Consolidated Statements of Cash Flows 53 week period ended April 3 2021 52 week period ended March 28 2020 (57,867) (184,998) 17,158 42.990 12,885 399 23,005 40,101 13,374 (1,484) 1,932 56,582 1,268 293 84,712 (thousands of Canadian dollars) OPERATING ACTIVITIES Net loss Adjustments to reconcile net loss to cash flows from operating activities Depreciation of property, plant, and equipment (note 10) Depreciation of right-of-use assets (note 111 Amortization of intangible assets (notu 12) Gain on disposal of equity investment tnate 133 Loss on disposal of capital assets (notes 10 and 121 Impairment losses (note 6) Share-based compensation note 18) Directors' compensation (ret 18) Deferred income tax expense (note 141 Rent concessions frete 11) Other Net change in non-cash working capital balances related to operations (note 21) Interest expense note 11) Interest income Share of loss from equity investments true 121 Cash flows from operating activities INVESTING ACTIVITIES Net purchases of property, plant, and equipment (note 101 Addition of intangible assets note 123 Change in short-term investments (note ?> Principal payment on loan receivable (note 13) Interest received Cash flows from (used for) investing activities FINANCING ACTIVITIES Repayment of principal on lease liabilities fnate 113 Interest paid ante 111 Cash flows used for financing activities Effect of foreign currency exchange rate changes on cash and cash equivalents Net increase (decrease) in cash and cash equivalents during the period Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period 666 294 1,017 (4.141) (784) 150 25,706 (922) 197 37.748 377 4,512 25,585 (1,714) 1,651 65,196 (4,093) (9.245) (2,223) (8,397) 87,150 719 2,034 79,283 922 (12,416) (36,535) (25,706) (62,241) (40,391) (25.585) (65.976) 1,371 680 (35,538) 120,473 84,935 79,183 41,290 120,473