Here's the link to Leon's 2021 annual report.

https://s1.q4cdn.com/875319112/files/doc_financials/2021/ar/2021-Leon's-Annual-Report.pdf

 

Questions :

8.4 Ratio analysis:

a. What does the fixed asset turnover ratio measure in general?

b. Compute the ratio for the past three years.

c. What do the results suggest about the company?

8.5 What was the effect of depreciation/amortization expense on cash flows from operating activities?

8.6 Refer to the statement of cash flows and identify the capital expenditures that the company made over the past two years.

8.7 Did the company sell any long-lived assets during the past two years? If so, how much cash did the company receive for selling these assets?

Instructions :

Where calculations are requested, assume that they relate to the last fiscal year in the annual report that has been assigned to your team, unless otherwise stated. Round your calculations of ratios or percentages to two decimal places. Show your detailed calculations.