Chat with us, powered by LiveChat Access the annual report of Canadian Tire Corporat - Writemia

Access the annual report of Canadian Tire Corporat

Access the annual report of Canadian Tire Corporation for the year ended January 2, 2010 (2009 annual report), from the company’s website or SEDAR ( According to the annual report, the company operates more than 479 retail stores across Canada, selling automotive parts, accessories, and services; sports and leisure products; and home products. Instructions (a) Read the Management Discussion and Analysis portion of the annual report. (b) Identify and summarize the various business and financial risks that the company is exposed to. Explain how these risks stem from the underlying nature of the business (i.e., the business model). (c) How is the company dealing with its foreign currency and interest rate risks? (d) What derivatives are used by the company? What does the company use hedge accounting for? (See Note 1.) (e) From Note 19, determine the fair values of the derivatives at the year end. In determining the fair value of these derivatives, what fair value hierarchy has been used? Prepare a schedule outlining the fair value of the cash flow hedges, the fair value hedges, and those derivatives not designated as hedges for accounting purposes.

Do you need an answer to this or any other questions?

About Writemia

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order