THE KROGER CO$.$

Selected Financial Information

$($amounts in millions, except per share amounts$)$ PUBLIX SUPER MARKETS, INC.

Selected Financial Information

$($amounts in millions except per share data$)$

December $28,2019$ December $29,2018$ Required

a$.$ Compute the following ratios for the companies' most recent fiscal years: $[$Note $-$ some

amounts are different from the printed text version$].$ EXCEL MUST BE USED FOR

CALCULATIONS USING THE EXCEL TEMPLATE PROVIDED IN CANVAS. IT IS

IMPORTANT THAT I BE ABLE TO SEE YOUR WORK.

$(1)$ Current ratio.

$(2)$ Average days to sell inventory. $($Use average inventory.$)$

$(3)$ Debt to assets ratio.

$(4)$ Return on investment. $($Use average assets and use "earnings from continuing operations"

rather than "net earnings."$)$

$(5)$ Gross margin percentage.

$(6)$ Asset turnover. $($Use average assets.$)$

$(7)$ Net margin. $($Use "earnings from continuing operations" rather than "net earnings."$)$

$(8)$ Plant assets to long$-$term debt ratio.

b$.$ Which company appears to be more profitable? Explain your answer and identify which ratio$($s$)$

from Requirement a you used to reach your conclusion.

c$.$ Which company appears to have the higher level of financial risk? Explain your answer and

identify which ratio$($s$)$ from Requirement a you used to reach your conclusion.

d$.$ Which company appears to be charging higher prices for its goods? Explain your answer and

identify which ratio$($s$)$ from Requirement a you used to reach your conclusion.

e$.$ Which company appears to be the more efficient at using its assets? Explain your answer and

identify which ratio$($s$)$ from Requirement a you used to reach your conclusion.Required

a$.$ Compute the following ratios for the companies$$ most recent fiscal years: $[$Note $$ some

amounts are different from the printed text version$].$ EXCEL MUST BE USED FOR

CALCULATIONS USING THE EXCEL TEMPLATE PROVIDED IN CANVAS. IT IS

IMPORTANT THAT I BE ABLE TO SEE YOUR WORK.

$(1)$ Current ratio.

$(2)$ Average days to sell inventory. $($Use average inventory.$)$

$(3)$ Debt to assets ratio.

$(4)$ Return on investment. $($Use average assets and use $$earnings from continuing operations$$

rather than $$net earnings.$)$

$(5)$ Gross margin percentage.

$(6)$ Asset turnover. $($Use average assets.$)$

$(7)$ Net margin. $($Use $$earnings from continuing operations$$ rather than $$net earnings.$)$

$(8)$ Plant assets to long$-$term debt ratio.

b$.$ Which company appears to be more profitable? Explain your answer and identify which ratio$($s$)$

from Requirement a you used to reach your conclusion.

c$.$ Which company appears to have the higher level of financial risk? Explain your answer and

identify which ratio$($s$)$ from Requirement a you used to reach your conclusion.

d$.$ Which company appears to be charging higher prices for its goods? Explain your answer and

identify which ratio$($s$)$ from Requirement a you used to reach your conclusion.

e$.$ Which company appears to be the more efficient at using its assets? Explain your answer and

identify which ratio$($s$)$ from Requirement a you used to reach your conclusion.