Question: Safeway Inc operates over 1 700 supermarkets throughout the United States

Safeway Inc. operates over 1,700 supermarkets throughout the United States. Income statements (in millions) for Safeway Inc. shown below were adapted from its recent financial statements.


1. Prepare common-sized income statements for Years 2 and 1. Round to one decimal place.
2. Using (1), analyze the performance of Safeway in Year2.


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  • CreatedMarch 11, 2014
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