Question
Posted under Content/Applied Practice Problems is the statement of cash flow for Kroger Co. for the three years ended January 31, 2021. Answer the
Posted under Content/Applied Practice Problems is the statement of cash flow for Kroger Co. for the three years ended January 31, 2021. Answer the following questions related to that statement. Make sure you clearly state if amounts are rounded to thousands or millions, and answer in complete sentences. Show any calculations you do. a) How much did net cash provided by operating activities increase from fiscal 2019 to fiscal 2021 (which was 2018-2020)? b) How much was the difference between net income and operating cash flow for fiscal 2021 (which was 2020), and what was the biggest reconciling difference? c) What were the two largest investing cash flows in fiscal 2019 (2018) and how much was each? Make sure to state whether each is inflow or outflow. d) What was the largest financing cash flow in fiscal 2020 (2019) and how much was it? (And state whether it was an inflow or an outflow.)
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