What are the possible reasons behind the WACC changes from 2009 and 2010 and why is that important?

elul mes no e meet VIuses Unless you need to edit, it's A1 x Exhibit 7 2 WHOLE FOODS MARKET 3 Deutsche Bank Model (millions of USD, except per share figures) Actual Actual Actual Forecast Forecast 2014 2015 10.5% 12.6% At Fiscal Year End 2011 4.0% 12.2% 8.5% 38.1% 2012 7.7% 15.7% 90% 38.4% 2013 8.1% 10.4% 95% 38.8% 7 Store Growth Sales Growth 9 EBITDA Margin 10 Tax Rate 11.1% 9.4% 39.0% 14.0% 9.8% 39.0% Current Asset Turnover 13 Current Liabilities Tunover 4 Net PP&E/Store SI 16 17 Stores 18 Sales 7.0 5.6 6.5 10.5 10.9 10.7 12 7.0 10.5 6.4 1.00 6.5 0.93 10.5 6.7 0.94 Annual Dep. & Amort. / Store 0.94 0.94 311 335 362 10,108 11699 12,917 859 1,055 1222 311 311 339 548 744 883 209 286 343 458 540 350 364 372 0.97 126 1.45 400 EBITDA EBIT Net Income 450 14,351 16,360 1,352 1,600 376 423 976 1,176 381 459 596 717 372 1.93 20 Dep. & Amont & Amort 2laxes 339 36 5050 14 24 Shares Outstanding 25 Eanings per Share 372 1.60 26 27 28 Current Liabilities 29 Net Working Capital 30 Net PP&E Current Assets 1,453 2,103 1,980 880 977 1088 573 1,126 892 1,997 2,193 2,428 2,050 2,304 L238 L406 812 898 2,680 3,018 2 Return on Capital 13.2% 13.8% 16.3% 1 17.1% 18.3% 34 Source: Company Financial Reports, Deutsche Bank Analyst report and casewiter estimates 35 36 37 Title Page Exh 1 Exh 2 Exh 3 Exh 4 Exh 5 Exh 6 Exh 7 Exh Type here to search