Learning Goal: I’m working on a accounting exercise and need support to help me learn.
First, choose two public companies that are listed on the TSX. WE HAVE CHOSEN PIZZA PIZZA AND SHOPPERS DRUG MART
Second, obtain the most recent annual financial statements for each company. You can get this either from the companies websites (usually under Investor Relations or from ). Print off the balance sheet and the income statement for each company.
Third, calculate 3 ratios (in each of the five Ratio Categories listed below), for each company and briefly describe the results for each section (a brief paragraph for each section):
(i) Short term Solvency / Liquidity
(ii) Long term Solvency / Leverage
(iii) Asset Utilization
(iv) Profitability
(v) Market Value
Finally, Briefly give your overall impression of each company based on your analysis and choose which one you think would make a better investment option. Explain your answer.
THE ONE FOR PIZZA PIZZA IS ALREADY DONE AND I HAVE ATTACHED THE DOCUMENT TO SEE WHAT IT SHOULD LOOK LIKE AND USE AS REFERENCE. YOU JUST NEED TO DO IT FOR SHOPPERS DRUG MART. I HAVE ALSO THE ANNUAL REPORT FOR SHOPPERS DRUG MART TO USE.
