Homework Help is Here – Start Your Trial Now!
Business
Accounting
8 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 and Ingo automated fuel sites in Sweden and Denmark. Revenues Cost of sales Gross profit CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 24, 2022, April 25, 2021, and April 28, 2020 (in millions of U.S. dollars) Operating, selling, administrative, and general expenses (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment Total operating expenses Operating income Share of earnings of joint ventures and associated companies Net financial expenses Earnings before income taxes Income taxes Net earnings Revenues Cost of sales Gross profit $ $ 2022 28,000 23,699.2 4,300.8 3,304.0 (3.2) 2021 $ 27,590.0 23,619.8 3,970.2 3,145.3 (19.5) 284.2 3,410.0 560.2 63.4 111.8 2020 $ 24,310.0 20,298.9 4,011.1 3,060.6 299.6 3,600.4 700.4 25.2 101.8 623.8 511.8 212.8 129.7 411.0 $ 382.1 $ $ 28,000.0 $ 23,699.2 4,300.8 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.) CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2022, April 29, 2021, and April 30, 2020 (in millions of U.S. dollars) 2022 2021 248.0 3,318.3 692.8 13.9 65.6 641.1 71.7 569.4 2020 (9.7) 27,590.0 $ 24,310.0 23,619.8 20,298.9 3,970.2 4,011.1 2022 % % % 2021 % % % 2020 % % %

8 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 and Ingo automated fuel sites in Sweden and Denmark. Revenues Cost of sales Gross profit CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 24, 2022, April 25, 2021, and April 28, 2020 (in millions of U.S. dollars) Operating, selling, administrative, and general expenses (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment Total operating expenses Operating income Share of earnings of joint ventures and associated companies Net financial expenses Earnings before income taxes Income taxes Net earnings Revenues Cost of sales Gross profit $ $ 2022 28,000 23,699.2 4,300.8 3,304.0 (3.2) 2021 $ 27,590.0 23,619.8 3,970.2 3,145.3 (19.5) 284.2 3,410.0 560.2 63.4 111.8 2020 $ 24,310.0 20,298.9 4,011.1 3,060.6 299.6 3,600.4 700.4 25.2 101.8 623.8 511.8 212.8 129.7 411.0 $ 382.1 $ $ 28,000.0 $ 23,699.2 4,300.8 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.) CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2022, April 29, 2021, and April 30, 2020 (in millions of U.S. dollars) 2022 2021 248.0 3,318.3 692.8 13.9 65.6 641.1 71.7 569.4 2020 (9.7) 27,590.0 $ 24,310.0 23,619.8 20,298.9 3,970.2 4,011.1 2022 % % % 2021 % % % 2020 % % %

Entrepreneurial Finance
Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter5: Evaluating Operating And Financial Performance
Section: Chapter Questions
Problem 7EP
See similar textbooks
icon
Related questions
Question
8 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 and Ingo automated fuel sites in Sweden and Denmark. Revenues Cost of sales Gross profit CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 24, 2022, April 25, 2021, and April 28, 2020 (in millions of U.S. dollars) Operating, selling, administrative, and general expenses (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment Total operating expenses Operating income Share of earnings of joint ventures and associated companies Net financial expenses Earnings before income taxes Income taxes Net earnings Revenues Cost of sales Gross profit $ $ 2022 28,000 23,699.2 4,300.8 3,304.0 (3.2) 2021 $ 27,590.0 23,619.8 3,970.2 3,145.3 (19.5) 284.2 3,410.0 560.2 63.4 111.8 2020 $ 24,310.0 20,298.9 4,011.1 3,060.6 299.6 3,600.4 700.4 25.2 101.8 623.8 511.8 212.8 129.7 411.0 $ 382.1 $ $ 28,000.0 $ 23,699.2 4,300.8 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.) CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2022, April 29, 2021, and April 30, 2020 (in millions of U.S. dollars) 2022 2021 248.0 3,318.3 692.8 13.9 65.6 641.1 71.7 569.4 2020 (9.7) 27,590.0 $ 24,310.0 23,619.8 20,298.9 3,970.2 4,011.1 2022 % % % 2021 % % % 2020 % % %
Transcribed Image Text:8 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 and Ingo automated fuel sites in Sweden and Denmark. Revenues Cost of sales Gross profit CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 24, 2022, April 25, 2021, and April 28, 2020 (in millions of U.S. dollars) Operating, selling, administrative, and general expenses (Gain) loss on disposal of property and equipment and other assets Depreciation, amortization, and impairment Total operating expenses Operating income Share of earnings of joint ventures and associated companies Net financial expenses Earnings before income taxes Income taxes Net earnings Revenues Cost of sales Gross profit $ $ 2022 28,000 23,699.2 4,300.8 3,304.0 (3.2) 2021 $ 27,590.0 23,619.8 3,970.2 3,145.3 (19.5) 284.2 3,410.0 560.2 63.4 111.8 2020 $ 24,310.0 20,298.9 4,011.1 3,060.6 299.6 3,600.4 700.4 25.2 101.8 623.8 511.8 212.8 129.7 411.0 $ 382.1 $ $ 28,000.0 $ 23,699.2 4,300.8 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.) CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2022, April 29, 2021, and April 30, 2020 (in millions of U.S. dollars) 2022 2021 248.0 3,318.3 692.8 13.9 65.6 641.1 71.7 569.4 2020 (9.7) 27,590.0 $ 24,310.0 23,619.8 20,298.9 3,970.2 4,011.1 2022 % % % 2021 % % % 2020 % % %
Expert Solution
steps

Step by step

Solved in 1 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Entrepreneurial Finance
Entrepreneurial Finance
Finance
ISBN:
9781337635653
Author:
Leach
Publisher:
Cengage
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
SEE MORE TEXTBOOKS