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13. 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

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13. 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. 14. Mattel Inc.'s 2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,022 thousand, provision for income taxes of $91,720 thousand and net nonoperating expense before tax of $109,491 thousand. Assume Mattel's statutory tax rate for 2016 is 37%. Mattel's 2016 tax shield is: A) $ 68,979 thousand B) $ 40,512 thousand C) $277,510 thousand D) $186,460 thousand E) None of the above 15. The fiscal 2017 financial statements of Reed Enterprises shows average net operating assets (NOA) of $4,795 million, average net nonoperating obligations (NNO) of $605 million, average total liabilities of $6,330 million, and year-end equity of $5,240 million. The company's 2017 financial leverage (FLEV) is: A) 0.144 B) 0.126 C) 0.115 D) 0.091 E) There is not enough information to determine the ratio

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