Question: Whole Foods Markets financial statements from the chapter. The average common shareholders equity for 2012 was $3.397 billion, and a 40% income tax rate should

 Whole Foods Market’s financial statements from the chapter. The average common shareholders’ equity for 2012 was $3.397 billion, and a 40% income tax rate should be used as needed. Required: Whole Foods earned a ROA of 9.7% in 2012. What was ROCE that year? (Round your answer to 1 decimal place.) ROA at the company fell to 9.4% in 2015. What was ROCE that year? (Round your answer to 1 decimal place.) Did financial leverage help or hurt Whole Foods Market in 2015? please show me the calculation! ty.. I updated the question with exhibits

EXHIBIT 5.1 Whole Foods Market Comparative Income Statements $ In mllons) Sales Cost of goods sold and occupancy cost 2015 2014 2013 2012 Gross profit Selling, general and administrative expenses Pre-opening expenses Relocation, store closure and lease termination costs $15,389 $14,194 $12,917 $11,699 9,973 9,150 8,288 7,543 5,416 5,044 4,629 4,156 4,4724,032 3,682 3,355 47 10 744 52 12 883 67 16 861 17 878 342 $ 536 67 934 12 946 367 579 Operating income Investment and other income, net of interest expense 752 286 551 $ 466 894 343 Income before income taxes Provision for income taxes Net incomeEXHIBIT 5.1 Whole Foods Market Comparative Income Statements ($ In millons) 2015 

EXHIBIT 5.1 Whole Foods Market Comparative Income Statements ($ In millons) 2015 2014 2013 2012 $15,389 $14,194 $12,917 $11,699 9,150 Sales 8,288 Cost of goods sold and occupancy costs Gross profit Selling, general and administrative expen ses Pre-opening expenses Relocation, store closure and lease termination costs 9,973 7,543 5,416 4,472 5,044 4,629 3,682 4,156 3,355 4,032 67 67 52 47 16 11 12 10 Operating income Investment and other income, net of interest expense 861 934 883 744 17 12 11 8. Income before income taxes 878 946 894 752 Provision for income taxes 342 367 343 286 Net income $ 536 $ 579 2$ 551 $ 466

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