COMMERCE 4FX3 Study Guide - Shoppers Drug Mart, Market Power, Operating Margin
31 Oct 2014
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Answer the following questions using the financial statements of shoppers drug mart (sc. to) provided to you. Choose the answer closest to yours because of possible rounding: suppose that the company"s store count at the end of the years ended december 31, 2011, and 2012, was 1,320 and 1,357 respectively. Assume that the change in store count in any forecast fiscal year will be half the change in store count in the prior fiscal year, rounded up to the next integer. Also, assume that the sales per average number of stores in any forecast year will be the same as the sales per average number of stores for the year ended december. Finally, assume that depreciation and amortization in dollars for any forecast year will be the same as that for the year ended. What will be the forecasted ebitda for the year ending december 31,
