Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 33 (1 point) Below are Kroger's partial Balance Sheet, Statement of Stockholders' Equity and partial Statement of Cash Flows). Use the financial statements

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Question 33 (1 point) Below are Kroger's partial Balance Sheet, Statement of Stockholders' Equity and partial Statement of Cash Flows). Use the financial statements to compute the amount of Cash that Kroger received when they issued stock (to employees exercising options) in the most recent fiscal year. Kroger CONSOLIDATED BALANCE SHEETS In millions Common stock ($1 par; 2,000 million shares authorized; 1,918 million shares issued at 1/31/21, 1,908 million shares issued at 1/31/20 and 1,905 million shares issued at 1/31/19) Additional paid-in capital Treasury stock (1,160 million shares at 1/31/21, 1,120 million shares at 1/31/20, and 1,104 million shares at 1/31/19) Retained earnings Accumulated other comprehensive income/(loss) Total stockholders' equity Total liabilities & stockholders' equity As of As of As of Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 1,918 1,908 1,905 3,461 3,159 2,952 (18,191) (16,867) (16,402) 23,018 20,975 19,966 (656) (602) (586) 9,550 8,573 7,835 $48,662 $45,256 $38,118

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

2nd Edition

0078110823, 9780078110825

More Books

Students also viewed these Accounting questions

Question

Evaluate the effects of federal and state taxes on estate planning.

Answered: 1 week ago

Question

Where are your previous years income tax returns?

Answered: 1 week ago