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The following table presents ROA calculations for three companies in the retail grocery industry using earnings before interest EBI and balance sheet data for each company The Kroger Company

The following table presents ROA calculations for three companies in the retail grocery industry using earnings before interest (EBI) and balance sheet data for each company. The Kroger Company operates more than 2,400 supermarkets and multi-department stores. Publix Super Markets operates about 1,000 supermarkets in the Southeastern United States. Stater Brothers Holdings operates 167 supermarkets in Southern California.

Required:

1. Which company has shown the strongest sales growth over the past three years?

2. Which company was the most profitable in its most recent fiscal year? What was the source of that superior profitability—a profit margin advantage or better turnover?

May 25 2020 View more View Less

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