The following are questions for discussion assignment. Could you please assist me with these questions? Thank you.

Rite Aid Corporation; NYSE: RAD

Income Statement: Listed as Consolidated of Operations, page 76

Balance Sheet: Listed as Consolidated Balance Sheets, page 75

Statement of Stockholder's Equity: Listed as Consolidated Statements of Stockholders' Equity, page 78

Statement of Cash Flows: Listed as Consolidated Statements of Cash Flows, page 79

https://www.sec.gov/Archives/edgar/data/84129/000104746918003207/a2235393z10-k.htm

SEC 10K Project: Income Statement

Respond to one or more question(s) from each of the three categories below. Category: Revenue and Net Income 1. What were the company's revenues for the most recent fiscal year? Comment on the trend in total revenue. Is it increasing or decreasing during the past two years?

2. Compare net income over the past two years. How much and by what percentage did Net Income change?

3. Comment on individual revenue or expense items that had significant percentage changes (changes as a percentage of total revenue or total expenses) over the most current three years. Category: Irregular Items 1. Identify and describe any irregular items reported on the Income Statement, such as discontinued operation or extraordinary items,?

2. Did your company change any accounting principles that would have required a retrospective adjustment to the financial statements? 3. Were there any prior-period adjustments (PPA)? If so, what caused the PPA's? Category: Analysis 1. Prepare a horizontal analysis of your company's Income Statement over the past two years. 2. Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis. How do the results for your company compare to industry averages? a. Accounts receivable turnover b. Profit margin c. Return on assets d. Times interest earned