Use the Table for the Question(s)below

question 9

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement for Kroger Inc.(all figures in $ Millions) :
-The total amount available to pay out to all the investors in Kroger in 2005 is closest to:

• A)$190 million.
• B)$847 million.
• C)$745 million.
• D)$290 million.

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Definitions:

Book Value

The value of a company's assets as recorded in its financial statements, minus the company's total liabilities and intangible assets such as goodwill.

Goodwill

An intangible asset that arises when a buyer acquires an existing business and pays a price higher than the fair value of the identifiable tangible and intangible assets.

Merger Transaction

A corporate action where two or more companies are consolidated into one entity, often to enhance competitiveness or grow market share.

Accounts Payable

Liabilities owed by a company to creditors or suppliers for goods and services received but not yet paid for.