(Answered)-Kroger's 2012 balance sheet shows average shareholders' equity of - (2025 Updated Original AI-Free Solution
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