Reference no: EM133074091
Question - The company's complete annual reports, including the notes to the financial statements, are available in the item.
Required - Use the company's financial information to answer the following questions. (Kroger Company)
a. What amount is reported in the balance sheets as property, plant, and equipment (net) at the end of the last two fiscal years?
What percentage of total assets is invested in property, plant, and equipment by the company?
b. What depreciation methods are used for property, plant, and equipment?
How much depreciation and amortization were reported in both years?
Compare income statement and cash flow statement amounts.
c. Compute and compare the following ratios for the last year.
1. Asset turnover.
2. Profit margin on sales.
3. Return on assets.
d. Present the section of PPE in financial statements, the related notes.
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What amount is reported in the balance sheets as property
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