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Company is one of the world damed troma recent phalange st LLOW44 LOI4.7 and largest supermarket chains These selected items were chain The nts are

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Company is one of the world damed troma recent phalange st LLOW44 LOI4.7 and largest supermarket chains These selected items were chain The nts are in millions u OLEM 14.44 ty of krogen 186 Cash including deposit in transit) Fleceivables Merchandise inventories Other current assets Property, plant and equipment inet of depreciation Hained earnings tal current abilities 14.875 9.7 Instructions Using the information we coute tha t of total current a nd to quick assets. b. Compute the company's (1) Current ratio 02 quick athend (1) working capital Round ration to two decimal points) From these computations, are you able to conclude whether Kroger is a good credit risk for short-term creditors or on the brink of bankruptcy? Explain d. Is there anything unusual about the operating cycle of supermarkets that would make you think that they normally would have lower current ratios than, say, large department stores! e. What other opes of information could you utilize in performing a more complete analysis of Kroger's liquidity? me

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