The financial statements of Shoppers Drug Mart are presented in Appendix A at the end of this

Question:

The of Shoppers Drug Mart are presented in Appendix A at the end of this book.
Instructions
(a) What were the balances of Shoppers Drug Mart's total current assets and total assets at the end of 2012 and 2011?
(b) In what order are Shoppers Drug Mart's current assets listed? Non-current assets?
(c) What were the balances of Shoppers Drug Mart's total current liabilities and total liabilities at the end of 2012 and 2011?
(d) In what order are its current liabilities listed? Non-current liabilities?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...