Kroger's 2012 balance sheet shows average shareholders' equity of $4,632 million, net income of $602 million, and common shares issued of $959 million. The company
Kroger's 2012 balance sheet shows average shareholders' equity of $4,632 million, net income of $602 million, and common shares issued of $959 million. The company has no preferred shares issued. Kroger's return on common equity for the year is:
Select one:
A. 13.00%B. 2.74%C. 36.5%D. 14.62%E. There is not enough information to calculate the ratio
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Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
