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Managerial Accounting & Finance

First, choose two public companies that are listed on the TSX. WE HAVE CHOSEN PIZZA PIZZA AND SHOPPERS DRUG MART

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About Us – Pizza Pizza

Our company | 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

www.sedar.com

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). 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.

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