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The first picture is of the problem Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's
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Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Mac's stores in central and western Canada. It also operates Circle K shops in the United States. CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollars, except per-share amounts) 2019 2018 2017 Revenues $26,099.0 $25,598.8 $22,310.0 Cost of sales 22,819.4 21,920.4 18,640.0 Gross profit 3,980.6 3,669.6 3,670.0 Operating, selline, administrative, and general expenses 3,052.4 2,901.9 2,795.4 Restructuring costs 13.3 60.4 11.6 (Gain) loss on disposal of property and equipment and other assets (22.0) (18.4) 8.6 Depreciation, amortization, and impairment of property and 293.8 278.9 240.9 equipment, intangible assets and other assets Total operating expenses 3,337.5 3,222.8 3,056.5 Operating income 643.1 446.8 613.5 Share of earnings of joint ventures and associated companies accounted for using the equity method 20.8 56.3 12.7 Net financial expenses 100.7 110.7 58.1 Earnings before income taxes 563.2 392.4 568.1 Income taxes 192.4 115.2 70.6 Net earnings $ 370.8 $ 277.2 $492.5 Required: Complete the component percentage analysis on the company's statement of earnings that follows. (Negative answers should be Indicated by a minus sign. Round the final answers to 2 decimal places. Percentages may not add exactly due to rounding.) 2019 2010 CONSOLIMTED STATEMENTS OF EARNINGS For the years ended April 21, 2010. April 29, 2014, and Apr 30, 2017 in millions of Solars, excepto share amo 2010 2010 Revenues $ 20,000.0 5 25,5900 $ 22,310 0 Cost of sales 22,0194 21.920 4 106400 Gross probe 3.000 6 16000 3,6700 Operating, seling, administrative, and general expenses 3.0524 2.0019 2.7954 Restructuring costs 133 60.4 116 (Gam) loss on disposal of property and equipment and other assets (220) (184 (86) Depreciation, amortization, and impairment of propertyd equipment, 2938 2789 240.9 Intangible assets and other assets Total operating expenses 33375 3.2223 3,0565 Operating income 6411 4468 6135 Share of earnings of joint ventures and associated companies accounted 20.8 563 127 for using the equity method Net financial expenses 1007 1107 58.1 5632 3924 Earnings before income taxes 5681 192.4 Income taxes 1152 706 $ 370 8 5 277 2 s Net earnings 4975 Step by Step Solution
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