1. Kroger Co.'s 2007 financial statements contained the following data (in millions).
Current assets ..... $ 6,755
Accounts receivable .... $ 773
Total assets ....... 21,215
Interest expense ....... 488
Current liabilities ...... 7,581
Income tax expense ..... 633
Total liabilities ..... 16,292
Net income ....... 1,115
Cash ........... 189
Instructions
Compute these values:
(a) Working capital.
(b) Current ratio.