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CONSOLIDATED STATEMENTS OF OPERATIONS As of February 27, 2021, February 29, 2020, and March 2, 2019 (In thousands, except per share amounts) Year Ended February 29, 2020 (52 $ 24,043,240 Ş 21,928,393 $ 21,639,557 February 27, March 2, 2019 2021 (52 (52 Weeks) Revenues Costs and expenses: Cost of revenues 19,338,918 17,201,635 16,963,205 Selling, general and administrative expenses Lease termination and impairment charges Goodwill and intangible asset impairment 4,657,185 4,587,336 4,592,375 58,403 42,843 107,994 29,852 375,190 227,728 Interest expense 201,388 229,657 (Gain) loss on debt modifications and (Gain) loss on sale of assets, net Gain on Bartell acquisition (5,274) (69,300) (55,692) 554 4,226 (38,012) (47,705) 24,163,467 22,010,005 22,229,034 Loss from continuing operations before (120,227) (81,612) (589,477) income taxes Income tax (benefit) expense Net loss from continuing operations Net income from discontinued operations, (20,157) (100,070) 387,607 77,477 (469,219) (666,954) 9,161 17,045 244,741 net of tax Net loss -90,909 $ -452,174 $ -422,213 Computation of (loss) income attributable to common stockholders: Loss from continuing operations $ -100,070 $ -469,219 $ -666,954 attributable to common Income from discontinued operations attributable to common 9,161 17,045 244,741 stockholders-basic and diluted Loss attributable to common $ - 90,909.00 -452,174.00 $ -422,213.00 stockholders-basic and diluted Basic and diluted (loss) income per share: Continuing operations -1.87 $ -8.82 $ -12.62 Discontinued operations 0.18 $ 0.32 $ 4.63 Net basic and diluted loss per share -1.69 $ -8.50 $ -7.99 %24

CONSOLIDATED STATEMENTS OF OPERATIONS As of February 27, 2021, February 29, 2020, and March 2, 2019 (In thousands, except per share amounts) Year Ended February 29, 2020 (52 $ 24,043,240 Ş 21,928,393 $ 21,639,557 February 27, March 2, 2019 2021 (52 (52 Weeks) Revenues Costs and expenses: Cost of revenues 19,338,918 17,201,635 16,963,205 Selling, general and administrative expenses Lease termination and impairment charges Goodwill and intangible asset impairment 4,657,185 4,587,336 4,592,375 58,403 42,843 107,994 29,852 375,190 227,728 Interest expense 201,388 229,657 (Gain) loss on debt modifications and (Gain) loss on sale of assets, net Gain on Bartell acquisition (5,274) (69,300) (55,692) 554 4,226 (38,012) (47,705) 24,163,467 22,010,005 22,229,034 Loss from continuing operations before (120,227) (81,612) (589,477) income taxes Income tax (benefit) expense Net loss from continuing operations Net income from discontinued operations, (20,157) (100,070) 387,607 77,477 (469,219) (666,954) 9,161 17,045 244,741 net of tax Net loss -90,909 $ -452,174 $ -422,213 Computation of (loss) income attributable to common stockholders: Loss from continuing operations $ -100,070 $ -469,219 $ -666,954 attributable to common Income from discontinued operations attributable to common 9,161 17,045 244,741 stockholders-basic and diluted Loss attributable to common $ - 90,909.00 -452,174.00 $ -422,213.00 stockholders-basic and diluted Basic and diluted (loss) income per share: Continuing operations -1.87 $ -8.82 $ -12.62 Discontinued operations 0.18 $ 0.32 $ 4.63 Net basic and diluted loss per share -1.69 $ -8.50 $ -7.99 %24

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Liquidity Ratio
Current Ratio
Quick Ratio
Leverage Ratio
Debt to Total Assets Ratio
Debt Equity Ratio
Long-Term Debt to Equity
Times Interest Earned Ratio
Activity Ratios
Inventory Turnover
Fixed Assets Turnover
Total Assets Turnover
Accounts Receivable Turnover
Average Collection Period
Profitability Ratios
Gross Profit Margin
Operating Profit Margin
Net Profit Margin
Return on Total Assets (ROA)
Return on Stockholder's Equity (ROE)
Earnings Per Share (EPS)
Price Earnings Ratio

Please provide the numbers for the ratios.

CONSOLIDATED STATEMENTS OF OPERATIONS As of February 27, 2021, February 29, 2020, and March 2, 2019 (In thousands, except per share amounts) Year Ended February 27, February 29, 2020 (52 $ 24,043,240 $ 21,928,393 $ 21,639,557 March 2, 2019 2021 (52 (52 Weeks) Revenues Costs and expenses: Cost of revenues 19,338,918 17,201,635 16,963,205 Selling, general and administrative expenses 4,657,185 4,587,336 4,592,375 Lease termination and impairment charges 58,403 42,843 107,994 Goodwill and intangible asset impairment 29,852 375,190 229,657 Interest expense (Gain) loss on debt modifications and 201,388 227,728 (5,274) (55,692) 554 (Gain) loss on sale of assets, net (69,300) 4,226 (38,012) Gain on Bartell acquisition (47,705) 24,163,467 22,010,005 22,229,034 Loss from continuing operations before (120,227) (81,612) (589,477) income taxes Income tax (benefit) expense (20,157) 387,607 77,477 Net loss from continuing operations Net income from discontinued operations, (100,070) (469,219) (666,954) 9,161 17,045 244,741 net of tax Net loss -90,909 $ -452,174 $ -422,213 Computation of (loss) income attributable to common stockholders: Loss from continuing operations -100,070 $ -469,219 $ -666,954 attributable to common Income from discontinued operations attributable to common 9,161 17,045 244,741 stockholders-basic and diluted Loss attributable to common -90,909.00 $ -452,174.00 $ -422,213.00 stockholders-basic and diluted Basic and diluted (loss) income per share: -1.87 $ 0.18 $ Continuing operations -8.82 -12.62 Discontinued operations 0.32 4.63 Net basic and diluted loss per share -1.69 $ -8.50 $ -7.99
Transcribed Image Text:CONSOLIDATED STATEMENTS OF OPERATIONS As of February 27, 2021, February 29, 2020, and March 2, 2019 (In thousands, except per share amounts) Year Ended February 27, February 29, 2020 (52 $ 24,043,240 $ 21,928,393 $ 21,639,557 March 2, 2019 2021 (52 (52 Weeks) Revenues Costs and expenses: Cost of revenues 19,338,918 17,201,635 16,963,205 Selling, general and administrative expenses 4,657,185 4,587,336 4,592,375 Lease termination and impairment charges 58,403 42,843 107,994 Goodwill and intangible asset impairment 29,852 375,190 229,657 Interest expense (Gain) loss on debt modifications and 201,388 227,728 (5,274) (55,692) 554 (Gain) loss on sale of assets, net (69,300) 4,226 (38,012) Gain on Bartell acquisition (47,705) 24,163,467 22,010,005 22,229,034 Loss from continuing operations before (120,227) (81,612) (589,477) income taxes Income tax (benefit) expense (20,157) 387,607 77,477 Net loss from continuing operations Net income from discontinued operations, (100,070) (469,219) (666,954) 9,161 17,045 244,741 net of tax Net loss -90,909 $ -452,174 $ -422,213 Computation of (loss) income attributable to common stockholders: Loss from continuing operations -100,070 $ -469,219 $ -666,954 attributable to common Income from discontinued operations attributable to common 9,161 17,045 244,741 stockholders-basic and diluted Loss attributable to common -90,909.00 $ -452,174.00 $ -422,213.00 stockholders-basic and diluted Basic and diluted (loss) income per share: -1.87 $ 0.18 $ Continuing operations -8.82 -12.62 Discontinued operations 0.32 4.63 Net basic and diluted loss per share -1.69 $ -8.50 $ -7.99
Rite Aid Corporation and Subsidiaries Consolidated Balance Sheets As of February 27, 2021, February 29, 2020, and March 2, 2019 (In thousands, except per share amounts) Year Ended February 27, February 29, ASSETS March 2, 2019 2021 2020 Current assets: $ 160,902S 218,180 S 144,353 Cash and cash equivalents Accounts receivable, net Inventories, net Prepaid expenses and other current assets 1,462,441 1,286,785 1,788,712 1,864, 890 1,921,604 1,871,941 105,941 181,794 179,132 92,278 117,581 4,101,719 1,308,514 Total current assets 3,595,174 3,700,641 Property, plant and equipment, net Operating lease right-of-use assets Goodwill 1,080,499 1,215,838 3,064,077 2,903,256 1,108,136 1,108,136 1,108,136 Other intangibles, net Deferred tax assets 340,519 359,491 448, 706 14,964 16,680 409,084 Other assets 148,327 $ 9,335,404 $ 9,452,369 $ 7,591,367 132,035 215,208 Total assets LIABILITIES AND STOCKHOLDER'S EQUIDY Current liabilities: Current maturities of long-term debt and lease financing obligations Accounts payable Accrued salaries, wages and other current liabilities Current portion of operating lease liabilities 6,409 $ 1,437,421 8,840 S 16,111 1,484,081 1,618,585 642,364 746,318 BOB,439 516,752 490,161 Current liabilities held for sale 37,063 Total current liabilities 2,602,945 2,766,453 2,443,135 Long-term debt, leses current maturities Long-term operating lease liabilities Lease financing obligations, less current maturities other noncurrent liabilities Total noncurrent liabilities 3,063,087 3,077,268 3,454,585 2,829,293 2,710,347 16,711 19,326 24,064 208,213 204,438 482,693 8,720,250 8,777,842 6,404,677 Commitments and contingencies Stockholder's equity: Common stock, par value $1 per share; 75,000 shares authorized; shares issed and outstanding 55,143, 54,716 and 55,143 54,716 54,016 Additional peid-in capital 5,876,977 (4,713,244) 5,897,168 5,890,903 Accumulated deficit (5,313,103) (5,222,194) Accumulated other coprehensive loss Total stockholders' equity Total liabilities and stockholders' equity (48,898) 674,527 $ 9,335,404 $ 9,452,369 S 7,591,367 (24,054) 615,154 (31,059) 1,185,690
Transcribed Image Text:Rite Aid Corporation and Subsidiaries Consolidated Balance Sheets As of February 27, 2021, February 29, 2020, and March 2, 2019 (In thousands, except per share amounts) Year Ended February 27, February 29, ASSETS March 2, 2019 2021 2020 Current assets: $ 160,902S 218,180 S 144,353 Cash and cash equivalents Accounts receivable, net Inventories, net Prepaid expenses and other current assets 1,462,441 1,286,785 1,788,712 1,864, 890 1,921,604 1,871,941 105,941 181,794 179,132 92,278 117,581 4,101,719 1,308,514 Total current assets 3,595,174 3,700,641 Property, plant and equipment, net Operating lease right-of-use assets Goodwill 1,080,499 1,215,838 3,064,077 2,903,256 1,108,136 1,108,136 1,108,136 Other intangibles, net Deferred tax assets 340,519 359,491 448, 706 14,964 16,680 409,084 Other assets 148,327 $ 9,335,404 $ 9,452,369 $ 7,591,367 132,035 215,208 Total assets LIABILITIES AND STOCKHOLDER'S EQUIDY Current liabilities: Current maturities of long-term debt and lease financing obligations Accounts payable Accrued salaries, wages and other current liabilities Current portion of operating lease liabilities 6,409 $ 1,437,421 8,840 S 16,111 1,484,081 1,618,585 642,364 746,318 BOB,439 516,752 490,161 Current liabilities held for sale 37,063 Total current liabilities 2,602,945 2,766,453 2,443,135 Long-term debt, leses current maturities Long-term operating lease liabilities Lease financing obligations, less current maturities other noncurrent liabilities Total noncurrent liabilities 3,063,087 3,077,268 3,454,585 2,829,293 2,710,347 16,711 19,326 24,064 208,213 204,438 482,693 8,720,250 8,777,842 6,404,677 Commitments and contingencies Stockholder's equity: Common stock, par value $1 per share; 75,000 shares authorized; shares issed and outstanding 55,143, 54,716 and 55,143 54,716 54,016 Additional peid-in capital 5,876,977 (4,713,244) 5,897,168 5,890,903 Accumulated deficit (5,313,103) (5,222,194) Accumulated other coprehensive loss Total stockholders' equity Total liabilities and stockholders' equity (48,898) 674,527 $ 9,335,404 $ 9,452,369 S 7,591,367 (24,054) 615,154 (31,059) 1,185,690
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