Question
Data from the financial statements of The Kroger Company and SuperValu, Inc., two national grocery chains are presented below (in millions): $ in thousands The
Data from the financial statements of The Kroger Company and SuperValu, Inc., two national grocery chains are presented below (in millions): $ in thousands The Kroger Co. SuperValu, Inc. Total liabilities, 2012 $ 19,510 $ 12,032 Total liabilities 2011 18,207 12,418 Total assets, 2012 23,476 12,053 Total assets 2011 23,505 13,758 Revenue, 2012 90,374 36,100 Net income (loss), 2012 602 (1,040) To the nearest hundredth of a percent, what is the 2012 return on equity ratio for The Kroger Company?
A. 1.39%
B. 13.00%
C. 0.30%
D. Not enough information provided
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