Answered step by step
Verified Expert Solution
Question
1 Approved Answer
neeed answer asap Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and
neeed answer asap
Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada. It also operates Circle K shops in the United States. 2017 $27,310.0 22,798.4 4,511.6 3,416.5 14.1 CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) 2019 2018 Revenues $31,000.0 $30,590.0 Cost of sales 26,232.2 26,182.0 Gross profit 4,767.8 4,408.0 Operating, selling, administrative, and general expenses 3,633.2 3,462.8 Restructuring costs 15.3 62.9 (Gain) loss on disposal of property and equipment and other assets (2.6) (18.9) Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 334.8 318.1 Total operating expenses 3,980.7 3,824.9 Operating income 787.1 583.1 Share of earnings of joint ventures and associated companies accounted for using the equity method 68.2 Net financial expenses .110.1 101.2 111.2 Earnings before income taxes 754.1 582. Income taxes 220.1 128.5 Net earnings $ 534.0 $ 453.5 9.1 281.3 3,721.9 799.6 13.2 109.2 694.6 71.1 623.5 $ Required: Complete the component percentage analysis on the company's statement of earnings that follows. (Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places. Percentages may not add exactly due to rounding.) CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started