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 DA... $ $ 2022 27,000 22,858.2 4,141.8 3,177.9 (3.1) 305.1 3,479.9 661.9 16.2 2021 $26,590.0 22,769.0 3,821.0 3,023.3 (19.4) 289.8 3,293.7 527.3 53.2 111.7 2020 $23,310.0 19,468.5 3,841.5 2,927.7 (9.6) 251.7 3,189.0 652.5 13.8 56.0 101.7 468.8 610.3 576.4 202.5 122.3 71.6 373.9 $ 346.5 $ 538.7 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, Percentager mau
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 DA... $ $ 2022 27,000 22,858.2 4,141.8 3,177.9 (3.1) 305.1 3,479.9 661.9 16.2 2021 $26,590.0 22,769.0 3,821.0 3,023.3 (19.4) 289.8 3,293.7 527.3 53.2 111.7 2020 $23,310.0 19,468.5 3,841.5 2,927.7 (9.6) 251.7 3,189.0 652.5 13.8 56.0 101.7 468.8 610.3 576.4 202.5 122.3 71.6 373.9 $ 346.5 $ 538.7 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, Percentager mau
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter8: Revenue Recognition, Receivables, And Advances From Customers
Section: Chapter Questions
Problem 19E
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Transcribed Image Text: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
Operating, selling, administrative, and general expenses
(Gain) loss on disposal of property and equipment and other
assets
Depreciation, amortization, and impairment
Total operating expenses
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 income
Share of earnings of joint ventures and associated companies
Net financial expenses
Earnings before income taxes
Income taxes
Net earnings
DAM..:.-4.
Revenues
Cost of sales
Gross profit
$
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
$
$
2022
27,000
22,858.2
4,141.8
3,177.9
(3.1)
305.1
3,479.9
661.9
16.2
101.7
576.4
202.5
122.3
373.9 $ 346.5 $
2022
Saved
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.)
$ 27,000.0
22,858.2
4,141.8
3,177.9
(3.1)
305.1
3,479.9
661.9
16.2
2021
$ 26,590.0
22,769.0
3,821.0
3,023.3
CONSOLIDATED STATEMENTS OF EARNINGS
For the years ended April 28, 2022, April 29, 2021, and April 30, 2020
(in millions of U.S. dollars)
2021
101.7
576.4
202.5
373.9
$
(19.4)
289.8
3,293.7
527.3
53.2
111.7
468.8
$
26,590.0
22,769.0
3,821.0
3,023.3
(19.4)
289.8
3,293.7
527.3
2020
$ 23,310.0
19,468.5
3,841.5
2,927.7
53 2
111.7
468.8
122.3
346.5
(9.6)
251.7
3,189.0
652.5
13.8
56.0
610.3
71.6
538.7
$
$
2020
23,310.0
19,468.5
3,841.5
2,927 7
9.6
251.7
3,189.0
652.5
13.8
56.0
610.3
71.6
538.7
2022
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%
%
%
%
%
%
%
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%
%
%
2021
%
%
%
%
%
%
%
%
%
%
%
%
%
2020
%
%
%
%
%
%
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%
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