(Solved by Humans)-Kroger's 2012 balance sheet shows average shareholders' equity of

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Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

Kroger's 2012 balance sheet shows average shareholders' equity of $4,632 million, net income of $602 million, and common shares issued of $959 million. The company has no preferred shares issued. Kroger's return on common equity for the year is:

Select one:

A. 13.00%B. 2.74%C. 36.5%D. 14.62%E. There is not enough information to calculate the ratio




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