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Apparel
Financials
Reitmans
Lululemon
Fill in the blanks
100
What industry are Lululemon and Reitmans in?
Retail Industry
100
Is it better to have a higher or lower equity ratio?
Higher ratio means the company uses more if it's equity to purchase it's assets. It also signifies whether the company is more financed by it's investors or more financed by its loans.
100
Name three of Reitmans subsidiaries.
Reitmans Smart Set RW & CO. Thyme Pennington’s Addition Elle Cassis
100
Does Lululemon give out dividends?
No
100
Lululemons CEO is _________
Christine McCormick Day
200
What does Lululemon major in?
Athletic Apparel
200
What might be a reason that A/R Turnover would be low?
Example. Collection process is slow
200
Where was the first store opened?
Montreal in 1926
200
Where was the first stored opened?
Vancouver in 1998
200
For acid-test ratio it is cash+ A/R = __________
Short-term investments
300
What fashion seasons are more popular for Reitmans (Canada) Limited?
Summer and Spring
300
In the current year Reitmans had an Net Income of $48, 0 authorized Preferred Dividends and an Average Shareholder's Equity of $455018. What ratio are these accounts used for and what is the ratio? (In millions of CAN $)
They are used for Return on Common Shareholder's Equity, 0.0001.
300
How many subsidiaries does Reitmans have? (Honour rank from 1 to 10)
7
300
Who was the founder of the company?
Chip Wilson
300
Lululemon opened a new line called __________
Ivviva Athletica
400
What is their trademark on their shorts and pants?
Their waistbands
400
Given that Lululemon's total liabilities are $163779 and their total assets are $1051078. What ratio is this and calculate the ratio.
Debt ratio, 15.58%
400
How many subsidiary stores does Reitmans (Canada) Limited have? (Closest answer)
922
400
What is the stock recommendation for Lululemon?
Hold
500
What is one of Reitmans major target market?
Plus sized
500
What two ratios add of to 100? Which would you rather be higher and why?
Debt and Equity Ratio. Example. A high equity ratio is more desirable as is shows that the company is financed by it's shareholders and not so much its debts (eg.loans)
500
Name the 2 reasons why Reitmans (Canada) Limited stocks should be held and 1 reason why they should be bought.
Hold: Future seasonal projections and potential to manage expenses. Buy: Low market price
500
For most of the property and equipment for Lululemon which amortization method is used?
Declining balance method
500
The company to invest in is _________ because _________.
Lululemon Example. because their net income and operating income are increasing.