Question

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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