Question: Excerpts from the financial statements for Kroger, a major supermarket retailer, are as follows (dollars in million). REQUIRED:Organize these numbers into income statement and balance

Excerpts from the financial statements for Kroger, a major supermarket retailer, are as follows (dollars in million).

2009 2008 S 263 S 242 786 4,849 12.498 3.918 3,867 4,816

REQUIRED:Organize these numbers into income statement and balance sheets, and comment on Kroger's solvency and earnings powerpositions.

2009 2008 S 263 S 242 786 4,849 12.498 3.918 3,867 4,816 Cash Accounts receivable Inventory Property, plant, and equipment 944 4,859 13.161 3.984 3,822 3,807 10,406 5.176 76,000 74,751 Other assets Accounts payable Other short-term debts Long-term debt Shareholders' equity Sales 8.696 4.914 70,235 69.054 Expenses

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Kroger Balance Sheet December 31 2009 2008 2009 2008 Assets Cash 263 242 Accounts receivable 944 786 ... View full answer

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