Using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system), find the annual report (10-K) for The Kroger

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Using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system), find the annual report (10-K) for The Kroger Company for the year ended February 1, 2020. Locate the “Consolidated Balance Sheets” and “Consolidated Statements of Cash Flows.” You may also find the annual report at the company’s website. Financial accounting information can often be found at financial websites. These websites are useful for collecting information about a company’s stock price, analysts’ forecasts, dividend history, historical financial accounting information, and much more. One such site is Yahoo! Finance (finance.yahoo.com).


Required:
1. Determine Kroger’s cash flows from (a) operating activities, (b) investing activities, and (c) financing activities for the most recent year.
2. From the balance sheet, determine the change in cash for the most recent year.
3. Does the company’s total cash flows equal the change in the balance of cash shown on the first line of the balance sheet this year versus last year?
4. Does the company’s auditor state that the company has maintained “effective internal control over financial reporting” in the Report of Independent Registered Public Accounting Firm?

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Financial Accounting

ISBN: 9781260786521

6th Edition

Authors: David Spiceland

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