Term Project for Accounting - Whole Foods Market

The Horizontal and Vertical analyses of the company’s financial statements reveal that the company performed better in 2014 than in 2015. The statement of cash flow shows that company’s expenditure increased from 2013 through 2015 as it aimed at expanding its operations. The ratio analysis, on the other hand, reveals that the corporation was more liquid, more solvent, and more profitable in 2014 than in 2015. Therefore, the company generally performed better in 2014 than in 2015. Even though the company seems to have reduced its performance in 2015 when compared to 2014, the business is still profitable. The company went public in January 1992 and currently its stocks trade on NASDAQ with the sticker “WFM” (Whole Food Market 1). Whole Foods Market Inc. is on a mission to set the standards in the food retailing by providing organic foods (Mackey n.p). The company has one operating segment, organic and natural foods supermarkets. However, it turned out to be a hoax (Grisales n.p). De...