Kroger Co.’s 2009 financial statements contained the following data (in millions).
|
Current assets |
$ 7,450 |
Accounts receivable |
$909 |
|
Total assets |
23,093 |
Interest expense |
502 |
|
Current liabilities |
7,714 |
Income tax expense |
532 |
|
Total liabilities |
18,187 |
Net income |
70 |
|
Cash |
424 |
Instructions
Compute these values:
(a) Working capital.
(b) Current ratio.