1. calculate Kroger's inventory, payables and PPE ratios for the two most recent years. Include Inventory Turnover, Average Days Inventory Outstanding, AP Turnover, Days Payable Outstanding, PPE Turnover and PPE Percent Used Up.

2. Prepare a gross margin analysis for the two most recent years for Kroger

3. What observations can you draw from your calculations?

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Item 1. Financial Statements. (In millions, except per share amounts) Sales supporting file was found. Operating expenses Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below Operating, general and administrative Rent Depreciation and amortization Operating profit Other income (expense) Interest expense Non-service component of company-sponsored pension plan costs Gain (loss) on investments Gain on sale of businesses THE KROGER CO. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Net earnings before income tax expense Income tax expense Net earnings including noncontrolling interests Net income (loss) attributable to noncontrolling interests Net earnings attributable to The Kroger Co. Net earnings attributable to The Kroger Co. per basic common share MacBook Pro G Search or type URL $ S S August 15, 2020 30,489 23,551 5,297 204 617 820 (135) 368 1,061 241 820 819 1.04 S $ August 17, 5019 28,168 22,007 4 4 34 * EGOEN (130) (4) (45) S S Two Quarters Ended August 15, 72,038 55.005 12.968 477 1442 2,146 (309) 19 790 2,646 614 2,032 2,031 2.58 * $ $ Aug 17, 5019 65,419 50,990 11,125 474 1,370 1,460 (327) (1) 61 176 1,369 319 1,050 (19) 1,069 1.32 Item 1. Financial Statements. (In millions, except per share amounts) Sales supporting file was found. Operating expenses Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below Operating, general and administrative Rent Depreciation and amortization Operating profit Other income (expense) Interest expense Non-service component of company-sponsored pension plan costs Gain (loss) on investments Gain on sale of businesses THE KROGER CO. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Net earnings before income tax expense Income tax expense Net earnings including noncontrolling interests Net income (loss) attributable to noncontrolling interests Net earnings attributable to The Kroger Co. Net earnings attributable to The Kroger Co. per basic common share MacBook Pro G Search or type URL $ S S August 15, 2020 30,489 23,551 5,297 204 617 820 (135) 368 1,061 241 820 819 1.04 S $ August 17, 5019 28,168 22,007 4 4 34 * EGOEN (130) (4) (45) S S Two Quarters Ended August 15, 72,038 55.005 12.968 477 1442 2,146 (309) 19 790 2,646 614 2,032 2,031 2.58 * $ $ Aug 17, 5019 65,419 50,990 11,125 474 1,370 1,460 (327) (1) 61 176 1,369 319 1,050 (19) 1,069 1.32

Answer rating: 100% (QA)

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