Question
Simon is looking over the annual report from Movement Global, a manufacturer and retailer of yoga wear. He has to make four calculations. -Gross margin
Simon is looking over the annual report from Movement Global, a manufacturer and retailer of yoga wear. He has to make four calculations. -Gross margin % -Inventory turns -Quick ratio -Current ratio
Cash and cash equivalents CAD
$ 1,071,634.90
Accounts Receivable CAD
$ 39,816.81
Inventories CAD
$ 528,883.26
Prepaid and receivable income taxes CAD
$ 86,862.18
Other prepaid expenses and current assets CAD
$ 71,952.84
Property and equipment, net CAD
$ 671,693.00
Right-of-use lease assets CAD
$ 696,560.64
Goodwill and intangible assets, net CAD
$ 24,911.46
Deferred income tax assets CAD
$ 31,749.35
Other non-current assets CAD
$ 55,076.98
Accounts payable CAD
$ 79,997.00
Accrued inventory liabilities CAD
$ 6,407.44
Accrued compensation and related expenses CAD
$ 136,361.76
Current lease liabilities CAD
$ 131,066.94
Current income taxes payable CAD
$ 25,907.28
Unredeemed gift card liability CAD
$ 119,208.87
Other current liabilities CAD
$ 127,543.86
Non-current lease liabilities CAD
$ 617,578.64
Non-current income taxes payable CAD
$ 47,743.74
Deferred income tax liabilities CAD
$ 43,866.32
Other non-current liabilities CAD
$ 5,540.04
Annual COGS CAD
$ 1,738,350.90
Annual Sales CAD
$ 3,939,503.04
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