=+The following data were adapted from the financial statements of Kmart Corporation, prior to its filing for

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=+The following data were adapted from the financial statements of Kmart Corporation, prior to its filing for bankruptcy:

In millions For years ending January 31 2000 1999 Sales $ 37,028 $ 35,925 Cost of sales (expense) (29,658) (28,111)

Selling, general, and administrative expenses (7,415) (6,514) _________ _________ Operating income (loss) $ (45) $ 1,300 _________ _________ _________ _________

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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