Open the Annual Report (10-K) of Kroger Company and answer the following questions:
Note that the 10K is split into Items and is consistent for every SEC Registrant. Item 1a discusses risks. Note that many items are discussed including COVID - 19. In Item 1B, Kroger would discuss any open SEC comments. They currently have none. In Item 2, they describe "Properties". Item 3 is titled "Legal Proceedings". Item 4 is "Mine Safety Disclosures" which is not applicable for many SEC Registrants. Item 5 discusses a Registrants' Stockholder Matters. annual report, when did Kroger last declare a quarterly dividend? What was the amount and when will it be paid? Item 7 is a key item as it Management's Analysis (referred to as the MD\&A). What was a significant event during the fiscal year? Item 8 includes the required financial statements and footnotes. The Balance Sheet summarizes assets and liabilities and stockholders' equity of a corporation. Assets are usually grouped in one of five categories: current assets, investments, fixed assets (sometimes referred to as property, plant and equipment), intangible assets, and other assets. Liabilities are typically grouped into current liabilities and long-term liabilities. decrease between 2021 and 2020? 19. How much cash did Kroger generate from Operating Activities in 2021? 20. What causes the greatest difference between net income and cash flow from operating activities? 21. Why is Share-based employee compensation added to Net Earnings to calculate Net Cash Provided by Operating Activities? 22. How much cash did Kroger generate or use from Investing activities in 2021? What was the largest item in this area? 23. How much cash did Kroger generate or use from Financing activities in 2021? Did Kroger borrow more funds than they paid back? Indicate amounts borrowed and payments. How much did Kroger spend on Treasury Stock (repurchase of common stock) transactions? 24. Does the ending cash balance on the Statement of Cash Flows agrees to Cash on the Balance Sheet? (yes or no) Statement of Changes in Stockholders' Equity - This statement explains the changes in individual equity accounts during the year. Most annual reports show the statement of changes in stockholders' equity as a formal financial statement; however, some corporations show the statement of stockholders' equity in the notes of the financial statements. If the retained earnings are the only capital account that changed during the fiscal year, a statement of changes in retained earnings is usually presented instead. You will find the information to answer the following questions in this statement or on the balance sheet. 25. What is the par value per share for common stock? (See balance sheet) 26. What is the number of common shares authorized? 27. What is the number of common shares held in treasury? Note that the 10K is split into Items and is consistent for every SEC Registrant. Item 1a discusses risks. Note that many items are discussed including COVID - 19. In Item 1B, Kroger would discuss any open SEC comments. They currently have none. In Item 2, they describe "Properties". Item 3 is titled "Legal Proceedings". Item 4 is "Mine Safety Disclosures" which is not applicable for many SEC Registrants. Item 5 discusses a Registrants' Stockholder Matters. annual report, when did Kroger last declare a quarterly dividend? What was the amount and when will it be paid? Item 7 is a key item as it Management's Analysis (referred to as the MD\&A). What was a significant event during the fiscal year? Item 8 includes the required financial statements and footnotes. The Balance Sheet summarizes assets and liabilities and stockholders' equity of a corporation. Assets are usually grouped in one of five categories: current assets, investments, fixed assets (sometimes referred to as property, plant and equipment), intangible assets, and other assets. Liabilities are typically grouped into current liabilities and long-term liabilities. decrease between 2021 and 2020? 19. How much cash did Kroger generate from Operating Activities in 2021? 20. What causes the greatest difference between net income and cash flow from operating activities? 21. Why is Share-based employee compensation added to Net Earnings to calculate Net Cash Provided by Operating Activities? 22. How much cash did Kroger generate or use from Investing activities in 2021? What was the largest item in this area? 23. How much cash did Kroger generate or use from Financing activities in 2021? Did Kroger borrow more funds than they paid back? Indicate amounts borrowed and payments. How much did Kroger spend on Treasury Stock (repurchase of common stock) transactions? 24. Does the ending cash balance on the Statement of Cash Flows agrees to Cash on the Balance Sheet? (yes or no) Statement of Changes in Stockholders' Equity - This statement explains the changes in individual equity accounts during the year. Most annual reports show the statement of changes in stockholders' equity as a formal financial statement; however, some corporations show the statement of stockholders' equity in the notes of the financial statements. If the retained earnings are the only capital account that changed during the fiscal year, a statement of changes in retained earnings is usually presented instead. You will find the information to answer the following questions in this statement or on the balance sheet. 25. What is the par value per share for common stock? (See balance sheet) 26. What is the number of common shares authorized? 27. What is the number of common shares held in treasury
