Custom «The External Auditors» Essay Paper

Custom «The External Auditors» Essay Paper

An external auditor is a professional who performs financial audit of the financial state of the company. The external auditor is independent from the company of which he or she is performing the audit.

What is the year-end?

This is the end of every financial or accounting year. It does not matter what time of the year because it can be in February or July.

How is revenue recognized?

Buy The External Auditors essay paper online

Become our VIP client
Title of your paper
Type of assignment
Academic level

Total price:  

* Final order price might be slightly different depending on the current exchange rate of chosen payment system.

Revenue is realized after the calculation of all the goods or services sold by the company at the year end.

How is inventory valued?

The inventory is valued based on the costs of the goods and the purchase price of the inventory in the market.

How is property and equipment amortized? 

Amortisation of the property and equipment is done based on the improvements made to the assets and the market price of the assets. Additionally, the useful value of the product is also calculted.

What is the value of accumulated amortization?

70.8 million dollars

What is Jean Coutu’s authorized share capital?

118,916,582 class A shares

117,385,000 class B shares

How many common shares are issued?

229,792,498 common shares

What is the total dollar value of the common shares?

2.51 dollars per share

Limited Time offer!

Get 19% OFF


What is the basic earnings per share?

614,400,000/118,916,582= 5.17 dollars per share

How much cash was provided or used in operating activities?

2,321,700,000 dollars

What was the value of property and equipment purchased?


What Canadian company is Jean Coutu’s main competitor?

Shoppers Drug Mart

What is Jean Coutu’s most recent market price per share?

0.77 dollars What are Jean Coutu’s most recent price-earnings?

0.77 dollars What are the following values in 2011 for Jean Coutu;

(a)   Current ratio


(b)   Asset turnover


(c)    Interest coverage


(d)   Return on common shareholders’ equity


(e)   Return on assets

Let’s earn with us!

Get 10% from your friends orders!

Learn more


(f)     Profit margin

For the ratios in part C above (a-f) what are the industry values? How do Jean Coutu’s ratios compare to the industry?

a) Current ratio

b) Asset turnover

c) Interest coverage

d) Return on common shareholders’ equity

e) Return on assets

f) Profit margin

As compared to the other industry, Jean Coutu's ratio is performing better. It has good pricing strategies.

Want to know what your projected final grades might look like?

Check out our easy to use grade calculator! It can help you solve this question.

Calculate now

Related Free Research Essays

Your request should consist of 5 char min.

Try our Service with Huge Discount

Get 15%OFF on Your first order

Order now
Online - please click here to chat