Posted: July 24th, 2016

What is the total number of restricted shares outstanding at the end of fiscal 2012?

10a For 2012 and 2011, compute debt/equity and debt/tangible net worth ratios.
10b For the same years, compute the ratio of operating cash flow to interest charges, and to total debt.
10c Comment briefly on the riskiness of Kroger’s capital structure.

11a Why is the commitments and contingencies line blank on the balance sheet?
11b Briefly describe any material litigation Kroger was involved in in 2012, and the resolution of the matter.

12a What is the total number of restricted shares outstanding at the end of fiscal 2012?
12b Is this material to the total number of shares outstanding? Explain briefly.

13a Distinguish between capital and operating leases.
13b Which type of lease does Kroger make greater use of?
13c What was the total net rent expense for 2012?

14 What was the amount of advertising expense for 2012?

15 Kroger’s sales are for cash. Why are there accounts receivable on the balance sheet?

16a Kroger has three types of benefit plans: qualified, non-qualified, and other. What is the funded status of these plans as of the end of 2012?
16b How, if at all, is this funding status reflected in the balance sheet?
16c What amount of expense was recognized for these three types of plan in 2012?
16d Kroger’s pension fund assets are invested largely in three types of investment. Identify these, and comment briefly.