Ch20FFSOnline - 7. Can you compare Leons ratio results to...

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Focus on Financial Statements Online FFS 20-2 FFS 20-3 Chapter 20 Required Refer to the Fnancial statements for each of Leon’s and WestJet in Appendix I at the end of the textbook. Calculate the following ratios for 2002 and 2001 indicating whether the change was favourable or unfavourable (round calculations to two decimal places). 1. ProFt margin for Leon’s 2. ProFt margin for WestJet 3. Debt ratio for Leon’s 4. Debt ratio for WestJet 5. Current ratio for Leon’s 6. Current ratio for WestJet
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Unformatted text preview: 7. Can you compare Leons ratio results to WestJet? Explain why or why not. Required Refer to the Fnancial statements for each of Sobeys Inc. and Loblaw Companies Limited . Both companies operate retail groceries and are food distributors. Calculate the follow-ing ratios for the most current year indicating which company has the most favourable results (round calculations to two decimal places). 1. ProFt margin 2. Debt ratio 3. Return on total assets...
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