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See below form 10-K for Kraft Heinz Corp. as of and for the year ended December 25, 2021. Use it for the following questions. Calculate
See below form 10-K for Kraft Heinz Corp. as of and for the year ended December 25, 2021. Use it for the following questions.
- Calculate the debt/equity ratios for both 12/25/21 and 12/26/20 using the balance sheet. Briefly explain the meaning of the results.
- What was the net cash provided by or used by financing activities for each of the two most recent fiscal year ends (12/25/21 and 12/26/20)? Make sure to state whether the amounts are in thousands or millions and whether they are net inflows or outflows.
- What is the main reason the net financing cash flow changed so much during the past year?
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