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The income statement for Shoppers Drug Mart Corp. is presented in the link below. The company had 200 million common shares outstanding at the end

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The income statement for Shoppers Drug Mart Corp. is presented in the link below. The company had 200 million common shares outstanding at the end of the year and the market price of the stock is $58.19. Shoppers Drug Mart retains 63% of earnings. Shoppers.docx (show your calculations) 1. Earnings per share (EPS) 2. Dividends per share 3. P/E ratio 4. What rate of return do investors expect, assuming that the expected growth rate of earnings is 5%? 5. What was Shopper's market capitalization in 2013? Shoppers Drug Mart Corporation Consolidated Statements of Earnings For the 52 weeks ended December 28, 2013 and December 29, 2012 (in thousands of Canadian dollars, except per share amounts) Sales Cost of goods sold Gross profit Note 2013 9 $ 11,057,659 10 (6,793,334) 4,264,325 11, 12, 13 (3,401,293) 863,032 Operating and administrative expenses Operating income Finance expenses Earnings before income taxes 14 (52,985) 810,047 15 Income taxes Current Deferred (219,127) 10,765 (208,362) 601,685 Net earnings $

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