Question 1.) Canadian Tire Corporation, Limited is one of Canada's best-known retailers. Obtain a copy of Canadian Tire's financial statements for each of the years ended December 30, 2017, and December 31, 2016, through SEDAR (www.sedar.com) or on the company's website. To answer the following questions, you may also want to consult the 10-year financial review that is supplementary information in the 2016 annual report.

1.) Calculate the asset turnover for Canadian Tire for the years 2015, 2016 and 2017.

2.) Calculate the profit margin for Canadian Tire for the years 2015, 2016 and 2017.

3.) Calculate the return on assets for Canadian Tire for the years 2015, 2016 and 2017.

4.) Suggest ways in which Canadian Tire could increase its return on assets.

5.) The ratios obtained for Canadian Tire can be compared with those obtained for a real estate company. True or False.

6.) We do not need to read the notes and disclosures to fully understand the financial statements of Canadian Tire. True/ False

7.) In Canada, each province has its own security commission. True/False