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Q1 )Does the total expense include income tax expenses? And What is the percentage of the two major expense accounts to total expenses? (Computed as
Q1 )Does the total expense include income tax expenses?
And What is the percentage of the two major expense accounts to total expenses? (Computed as the sum of the two major expense accounts total expenses.)
Q2) Calculate the basic earnings per share for Fiscal year 2019 assuming there is no preferred dividend
Consolidated Statement of Net Income (Loss) (In thousands of Canadian dollars, except per share amounts) For the 52-week periods ended February 1, 2020 and February 2, 2019 February 1, 2020 Note February 2 2019 $ 329,865 $ 329,028 5 153,676 140,538 Sales Cost of goods sold Gross profit Selling, general and administrative expenses Goodwill impairment 176,189 188,490 188,308 166,790 8 44,799 (56,918) 21,700 Income (loss) before interest expense and income taxes expense (recovery) Interest expense Income (loss) before income taxes 11 15,567 5,171 (72,485) 16,529 Income taxes expense (recovery) 16 (10,456) 5,129 $ (62,029) $ 11,400 Net income (loss) Basic earnings (loss) per share Diluted earnings (loss) per share 13 13 $ $ (1.47) (1.47) $ 0.27 $ 0.27 See accompanying notes to consolidated financial statementsStep by Step Solution
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