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Please fill out the attached chart based on the information given P12-8 (Static) Analyzing Financial Statements by Using Appropriate Ratios L012-7, 12-8, 12-9, 12-10, 12-11
Please fill out the attached chart based on the information given
P12-8 (Static) Analyzing Financial Statements by Using Appropriate Ratios L012-7, 12-8, 12-9, 12-10, 12-11 MTY Food Group Inc. is a Canadian franchisor and operator of numerous quick service restaurants operating under 75 brand names such as Thai Express, Mucho Burrito, Sushi Go, Jugo Juice, Tutti Frutti, and Manchu Wok. Its annual report for 2021 included the following statements: \begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} MTY FOOD GROUP INC. \\ Consolidated Statements of Income (loss) \\ Years Ended November 30, 2021 and 2020 \\ (in thousands of Canadian dollars, except per-share \end{tabular} & \begin{tabular}{l} amounts ) \\ 2021 \end{tabular} & 2020 \\ \hline Revenue & $551,903 & $511,117 \\ \hline \multicolumn{3}{|l|}{ Expenses } \\ \hline Operating expenses & 382,572 & 373,806 \\ \hline \begin{tabular}{l} Depreciation-property, plant and equipment, and right-of- \\ use assets \end{tabular} & 16,174 & 16,998 \\ \hline Amortization-intangible assets & 28,442 & 30,876 \\ \hline Interest on long-term debt & 10,111 & 16,756 \\ \hline Net interest expense on leases & 2,295 & 2,481 \\ \hline Impairment charges-right-of-use assets & 1,550 & 4,291 \\ \hline \begin{tabular}{l} Net impairment charge-property, plant and equipment, \\ intangible assets and goodwill \end{tabular} & \begin{tabular}{r} 5,903 \\ 447,047 \\ \end{tabular} & \begin{tabular}{l} 122,826 \\ 568,034 \\ \end{tabular} \\ \hline \begin{tabular}{l} Share of net (loss) profit of a joint venture accounted for \\ using the equity method \end{tabular} & (709) & 508 \\ \hline \multicolumn{3}{|l|}{ Other (expenses) income } \\ \hline Unrealized and realized foreign exchange (loss) gain & (300) & 3,230 \\ \hline Interest income & 198 & 408 \\ \hline \begin{tabular}{l} Gain on de-recognition/lease modification of lease \\ liabilities \end{tabular} & 1,319 & 2,890 \\ \hline \begin{tabular}{l} Gain (loss) on disposal of property, plant and equipment, \\ and assets held for sale \end{tabular} & 3,549 & (466) \\ \hline Revaluation of financial liabilities recorded at fair value & 3,159 & (1,602) \\ \hline & 7,925 & 4,460 \\ \hline Income (loss) before taxes & 112,072 & (51,949) \\ \hline \multicolumn{3}{|l|}{ Income tax expense (recovery) } \\ \hline Current & 21,036 & 8,360 \\ \hline Deferred & \begin{aligned} 5,093 \\ 26,129 \\ \end{aligned} & (15,054)(23,414) \\ \hline Net income (loss) & $85,943 & $(36,895) \\ \hline \multicolumn{3}{|l|}{ Income (loss) per share } \\ \hline Basie & 3.47 & (1.50) \\ \hline Diluted & 3.49 & (1.50) \\ \hline \end{tabular} Source: MTY Food Group Inc., Annual Report 2021. Additional information related to 2019 at year-end is as follows: The company's market price per share was \$54.71 at November 30, 2021 and \$51.65 at November 30, 2020. Required: 1. For MTY Food Group Inc.'s past two years, compute the ratios given below. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) \begin{tabular}{|c|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Ratio } & 2021 & \multicolumn{2}{c|}{2020} \\ \hline Profitability ratios & & % & & % \\ \hline Return on equity & & % & & % \\ \hline Return on assets & & % & & % \\ \hline Gross profit margin & & per share & & per share \\ \hline Net profit margin & & & & \\ \hline Earnings per share & & & & \\ \hline Quality of earnings & & & & \\ \hline Asset turnover ratios & & & & \\ \hline Total asset turnover & & & & \\ \hline Fixed asset turnover & & & & \\ \hline Receivables turnover & & & & \\ \hline Inventory turnover & & & & \\ \hline Liquidity ratios & & & & \\ \hline Current ratio & & & & \\ \hline Quick ratio & & & & \\ \hline Cash ratio & & & \\ \hline Solvency ratios & & & \\ \hline Times interest earned & & & \\ \hline Cash coverage & & & \\ \hline Debt-to-equity & & & \\ \hline Market ratios: & & & \\ \hline Price/earnings ratio & & & \\ \hline Dividend yield & & & \\ \hline & & & \\ \hline \end{tabular}
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