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This exercise is built around Kroger's financial statements from the chapter. Total shareholders' equity - The Kroger Co . was $ 5 , 3 8
This exercise is built around Kroger's financial statements from the chapter. Total shareholders' equityThe Kroger Co was $ million at February Refer to Exhibits and from the chapter.
Required:
Kroger earned an ROA of in fiscal What was ROCE that year? Round your answer to decimal place.
ROA at the company fell to in fiscal adjusted to eliminate the onetime effect on earnings of the Tax Cuts and Jobs Act What was ROCE that year also adjusted for the Tax Cuts and Jobs ActRound your answer to decimal place.
Did financial leverage help or hurt Kroger in fiscal
tableROCE
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