Kroger Co.’s 2007 financial statements contained the following data (in millions).Current assets …..

Kroger Co.’s 2007 financial statements contained the following data (in millions).Current assets ….. $ 6,755Accounts receivable …. $ 773Total assets ……. 21,215Interest expense ……. 488Current liabilities …… 7,581Income tax expense ….. 633Total liabilities ….. 16,292Net income ……. 1,115Cash ……….. 189InstructionsCompute these values:(a) Working capital. (b) Current ratio.View Solution:
Kroger Co s 2007 financial statements contained the following d

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