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 textbook.
Instructions
(a) What depreciation method does Shoppers Drug Mart use?
(b) Identify the following amounts for each of the components of the company's property and equipment at each of December 29, 2012, and December 31, 2011:
(1) Cost,
(2) Accumulated depreciation,
(3) Impairment losses,
(4) Carrying amount (which Shoppers calls "net book value").
(c) Using the amounts determined in part (b) above, what is the difference between the accumulated depreciation reported at the end of 2012 and 2011? What was the amount of depreciation expense reported for property and equipment for 2012?
What is one reason that these two amounts are not the same?
(d) Does Shoppers Drug Mart have any in 2012? If so, how much?
(e) What kinds of does Shoppers Drug Mart report in 2012? Did it have any impairment losses for its intangibles in 2012?
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