Safeway operates 1,775 supermarkets in the United States and Canada. In the United States, Safeway is located principally in the Western, Southwestern, Rocky Mountain, Midwestern, and Mid-Atlantic regions. Kroger operates 2,468 stores in Northeastern, Western, Midwestern, and Southern states. Supervalu operates 2,349 stores throughout the United States. Selected financial statement information for 2009 for these three companies follows (in millions of U.S. dollars).

1. For each of the three companies, compute the following ratios:
(a) Current ratio
(b) Debt ratio
(c) Asset turnover
(d) Return on equity
2. Which company uses its inventory most efficiently? Which company uses its property, plant, and equipment most efficiently?
3. What dangers might there be in making ratio comparisons without viewing the financial statement notes for the individual companies?

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Kroger Safeway Supervalu 7,450.00 $23,093.00 $4,902.00 7,714.00 $18,187.00 $13,929.00 $58,958.00 $ 70.00 $76,733.00 $3,825.30 $14,963.60 2,508.90 $4,237.80 $10,017.20 $10,282.70 $27,986.00 $ (1,097.50) $40,850.70 $ 3,711.00 $16,436.00 $ 2,342.00 $ 4,167.00 $13,549.00 $ 7,026.00 $31,444.00 $393.00 $40,597.00 Total Current Assets Total Assets Total Current Liabilities Total Liabilities Cost of goods sold Net income.