90.2K

Verified Solution

Link Copied!

doing accounting probect on kroger co and need the three questions answered from the cashflow

THE KROGER CO. CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) First Quarter Ended May 21, May 23, 2021 2020 5 143 5 1.212 (in millions) Cash Flows from Operating Activities Net carning: including noncontrolling interest Adjustments to reconcile net earnings including noncontrolling interests to net cash provided by operating activities: Depreciation and mortation Operating lense assetsmorturation LIFO charge Stock-based employee compensation Company sponsored pension plans Deferred income taxes Lors (gain) on the sale of assets Loss (pain) on investments Other Changes in operating assets and liabilities: Store deposits in-transit Receivables Inventories Prepaid and other current assets Trade accounts payable Accrued expenses Income taxes receivable and payable Operating lease liabilities Other 861 191 37 56 (14) (2) 9 479 100 84 14 205 362 341 (548) (175) (214) 320 2.256 5 63 sia (820) 7 (40) (853) (328) Net cash provided by operating activities Cash Flows from Investing Activities Payments for property and equipment, including payments for lease buyouts Proceeds from sale of assets Other Net cas used by investing activities Cash Flows from Financing Activities: Proceeds from Issuance of long-term debt Payments on long-term debt including obligations under finance less Net payments on commercial paper Dividends paid Proceeds from issuance of capital stock Treasury stock purchases Proceeds from financing arrangement Other Netcash used by financing activities Net increase in cash and temporary cash investments Cash and temporary cash investments Beginning of your End of period Reconciliation of capital investments Payments for property and equipment, including payments for lease buyouts Payments for lease buyouts Changes in construction-in-progress payables Total capital investments, excluding lease buyouts (1.150) (138) 31 (402) 166 110 (781) 622 1657 2309 S (820) 154 (666) 185 Disclosure of cash flow information: Cash paid during the year for interest Cash paid during the year for income taxes The accompanying notes are an integral part of the Consolidated Financial Statements. 205 $ $ 188 18 8. Analysis of the Cash Flow Statement (7 points) a. Was there a net cash inflow or outflow? Include dollar amount. b. Where did the firm primarily spend cash? (give three examples) c. From where did this cash come? (give three examples)

Answer & Explanation Solved by verified expert

See Answer