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Cash and cash equivalents CAD $1,104,440
| Cash and cash equivalents CAD $1,104,440.05 |
| Accounts Receivable CAD $41,023.38 |
| Inventories CAD $518,513.00 |
| Prepaid and receivable income taxes CAD $83,455.82 |
| Other prepaid expenses and current assets CAD $69,131.16 |
| Property and equipment, net CAD $685,126.86 |
| Right-of-use lease assets CAD $696,560.64 |
|
Goodwill and intangible assets, net CAD $24,423.00 |
| Deferred income tax assets CAD $31,435.00 |
| Other non-current assets CAD $55,076.98 |
| Accounts payable CAD $81,596.94 |
| Accrued inventory liabilities CAD $6,280.56 |
| Accrued compensation and related expenses CAD $131,014.24 |
| Current lease liabilities CAD $127,212.03 |
| Current income taxes payable CAD $26,700.36 |
| Unredeemed gift card liability CAD $122,821.26 |
| Other current liabilities CAD $126,293.43 |
| Non-current lease liabilities CAD $623,693.28 |
| Non-current income taxes payable CAD $47,743.74 |
| Deferred income tax liabilities CAD $42,997.68 |
| Other non-current liabilities CAD $5,540.04 |
| Annual COGS CAD $1,720,791.80 |
| Annual Sales CAD $3,979,296.00 |
Need to calculate the following: -
1) Gross Margin%
2) Inventory turns
3) Quick ratio
4) Current ratio
Expert Solution
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