Question

The 2016 balance sheet of Whole Foods Market reports operating assets of $5,489 million, operating liabilities of $2,066 million, and total liabilities of $3,117 million. Whole Food's average net operating assets are: A. $3,423 million B. $2,372 million C. $3,562 million D. $2,510 million E. There is not enough information to calculate the amount.\

Answer 1

Correct option is E.

Step-by-step explanation:

There is not enough information to calculate the amount.

Net operating asset= Operating Assets - Operating Liabilities

=$5489 Million - $2066 Million

=$3423 Million

Hence Average net operating assets can't be calculated by given information.