Interpreting balance sheet changes. Exhibit 2.15 presents a common-size balance sheet for Kroger Company, a grocery store chain. for two recent years.

a. In what ways is the common-size balance sheet of Kroger Company on January 31. Year 7. typical of a grocery store chain?

b. What is the likely reason for the changes in the financing of Kroger Company be- tween January 31, Year 7, and January 31, Year 8?