You will need to complete the following analytical review procedures and respond to the following BE SURE TO LABEL ALL NUMBERS USED THEN SHOW ALL CALCULATION. On both the Balance Sheet and Income statement of CINEPLEX 2021 ANNUAL REPORT

1. What asset had the greatest $ change from last year? What % change is this and is this % change significant/material do you think? Explain

2. What liability had the greatest $ change from last year? What % change is this and is this % change significant/material do you think? Explain

3. What is the largest expense on the Income Statement? How much did it change in $ terms? In % terms? Based on your knowledge of the 2021 economy was this change in expense impacted by the current 2021 economic situation - explain (remember these are historical numbers so Russia has not invaded Ukraine yet!!)

4. Where does your company derive its largest source of income from? How much in $ terms did this source of revenue change in 2021? Why has it changed so much or so little?

5. Has your companys profit margin changed since last year? How much was it last year and how much was it this year. If it has changed discuss why, if it has not changed discuss why (hint Management has already provided you the answer in their MD&A section of the annual report).

6. Does your PLC have leased assets? How do you know document the accounts that prove this. What note to the F/S (number only) refers to the leases?

search up cineplex 2021 report you will see in d pdf