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:

Question

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:

Quizplus · Accepted Answer

The total amount available to pay out to all the investors can be calculated by subtracting the total expenses and taxes from the total revenues. 
Total amount available = Total revenues - Total expenses - Taxes 
= $56,434 - $53,522 - $167 
= $2,745 million 
However, this amount includes not only the amount available to pay out to investors (net income), but also the amounts allocated to preferred dividends and minority interests. 
Net income = Total amount available - Preferred dividends - Minority interests 
= $2,745 - $78 - $1,922 
= $745 million 
Therefore, the closest amount available to pay out to all the investors in Kroger in 2005 is $745 million, which is option C.

Use the Table for the Question(s)below