Question
Question 34 (1 point) Below are Kroger's partial Balance Sheet, Statement of Stockholders' Equity and partial Statement of Cash Flows). Use the financial statements
Question 34 (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 number of new shares of stock Kroger issued 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 Jan 31, 2021 As of As of 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](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started