1. Look at Kroger's cash section. List their make-up of cash, marketable securities and short-term investment. Do some research in the Hoover's report or on the Web to find out more details about their short-term investment and marketable securities.

Calculate the following ratios:

1. • cash ratio (cash/current liabilities)
   • Cash flow Margin Ratio (cash flow from operations/net sales = %) Cash flow from operations is on the cash flow statement
   • net change in cash (on the cash flow statement)
   • Free Cash Flow (on the cash flow statement)