a. Calculate Dollarama gross profit percentage for 2014 and 2013. Has it improved? What does this figure tell us about each $1-priced item on Dollarama shelves?
b. Dollarama presents its expenses by function and then discloses depreciation, employee benefits, and financing costs in a note to its financial statements. Comment on why this additional expense information is useful or relevant to users of the company financial statements.
c. Identify other expenses not currently disclosed by nature that might be relevant to users of the company financial statements.