Register
This exercise is built around Whole Foods Market’s financial statements from the chapter. Average common shareholders’ equity for 2012 was $3.397 billion, and a 40% income tax rate should be used as needed.
162k views
0 votes
This exercise is built around Whole Foods Market’s financial statements from the chapter. Average common shareholders’ equity for 2012 was $3.397 billion, and a 40% income tax rate should be used as needed. Refer to Exhibits 5.1 and 5.6 from the chapter. Whole Foods earned an ROA of 9.7% in 2012. What was ROCE that year?

User Adam Kimberley
by
7.6k points

1 Answer

6 votes

Answer: ROCE was 13.7% in 2012

Step-by-step explanation:

User Waterboy
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.1m questions

10.7m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!