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Is there enough information to calculate ROA? I don't think there is but I am not sure. Please advise. Thank you. 2. C 3 As

image text in transcribedIs there enough information to calculate ROA? I don't think there is but I am not sure. Please advise. Thank you.
2. C 3 As por sha Problem 2 Below are several financial statement items for fiscal year 2013 for two grocery chains, Whole Foods Market, an upscale organic grocer, and The Kroger Co. a mainstream grocer. ($ millions) a. Calculate each company's return on assets (ROA) and return on equity (ROE). Comment on any differences you observe Disaggregate the ROA for each company into profit margin (PM) and asset turnover (AT). Explain why Whole Foods has a higher ROA, is it because of PM or AT or both? b. Whole Foods Market $551 12,917 5,416 3,840 The Kroger Co Net income Sales Average assets Average stockholders' equity $1,508 96,751 24,064 4,090 Management Application MA 1 Businesses finance their activities by a. Selling products and/or services b. Relying on credit and borrowing from banks and other lenders, and by c. Issuing common stock and other forms of equity

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