Question 1 (10 Points) Provide brief answers for each of the following questions based on the financial statements for Canadian Tire Corporation. a) What accounting standards does the company use? (eg US GAAP; IERS: Canadian GAAP; etc.) b) Who are the companies Auditors? c) Are there any concerns raised by the Auditors in their report? d) On what exchange or exchanges does the company's shares trade, and under what symbol? Question 2 (20 Points) 1. Prepare common size Balance Sheets for the years ended January 1, 2022; January 2, 2021; and December 28, 2019. Respond to the following questions related to Balance Sheet items: a) Have any of the company's current assets or non-current assets changed significantly in relation to total assets for the years examined? What are the changes? b) Has the company's Financial leverage increased or decreased in the period? By how much? c) What might be the implications of the changes to financial leverage? 2. Prepare common size Income Statements for the periods ending January 1, 2022; January 2, 2021; and December 28, 2019. Comment on any significant changes to the common size the Income Statements.