future performance by estimating the rate of growth of past income over the past several periods and project this into the next period. Additional information about current economic and industry factors can be used to adjust the trend rate based on historical information. 3. Some situations in which changes in value are not recorded in income are: a) Unrealized gains or losses on available-for-sale investments, b) Changes in the market values of long-term liabilities, such as
Words: 13937 - Pages: 56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED SEPTEMBER 25, 2011 COMMISSION FILE NUMBER: 0-19797 WHOLE FOODS MARKET, INC. (Exact name of registrant as specified in its charter) Texas (State of incorporation) 74-1989366 (IRS Employer Identification No.) 550 Bowie Street Austin, Texas 78703 (Address of principal executive offices) Registrant’s
Words: 36163 - Pages: 145
Auditing and Assurance Standards Council Philippine Auditing Practice Statement 1003Ph GUIDANCE IN DEALING WITH REPORTS REQUIRED BY THE SEC RELATING TO INCREASE IN AUTHORIZED CAPITAL STOCK OF A CORPORATION PAPS 1003Ph PHILIPPINE AUDITING PRACTICE STATEMENT 1003Ph GUIDANCE IN DEALING WITH REPORTS REQUIRED BY THE SEC RELATING TO INCREASE IN AUTHORIZED CAPITAL STOCK OF A CORPORATION CONTENTS Paragraph Introduction………………………………………………………………… 1-2 Objective……………………………………………………………………
Words: 6575 - Pages: 27
Corporate Financial Accounting and Reporting Tim Sutton second edition Corporate Financial Accounting and Reporting We work with leading authors to develop the strongest educational materials in business and finance, bringing cutting-edge thinking and best learning practice to a global market. Under a range of well-known imprints, including Financial Times Prentice Hall, we craft high quality print and electronic publications which help readers to understand and apply their content, whether
Words: 163377 - Pages: 654
allocation, concentrating our efforts on our core business. In the first quarter, we closed 15 underperforming stores and reduced our pipeline of new stores by 50. In the third quarter, we renegotiated our private label credit card agreement, capping our cost of private label credit. In the fourth quarter, we announced our decision to exit EXPO and related businesses. These actions will make the Company stronger. On the financial side, we ended the year with a solid operating profit and $41 billion
Words: 30302 - Pages: 122
8394d_c08.qxd 6/11/02 12:30 PM Page 345 mac62 mac62:1253_GE: Accounting for Inventories Inventories in the Crystal Ball Policy makers, economists, and investors all want to know where the economy is headed. For example, if the economy is headed for a slow-down, it might be prudent on the part of the Federal Reserve to cut interest rates or for Congress to consider a tax cut to head off an economic downturn. Information on inventories is a key input into various decision makers’
Words: 31253 - Pages: 126
Domino’s Pizza: Marketing Research Report Submitted By: Dagar Katyal (FT12318) Mohammad Khurram Mirza (FT12335) Prachi Sawant Shuchita Vivek Joseph Domino’s Pizza: June 1, 2011 Contents 1. INTRODUCTION ............................................................................................................................... 2 1.1 History ..................................................................................................................................... 2 1.2 Domino’s
Words: 2698 - Pages: 11
Reached a five-year labor agreement with the International Brotherhood of Teamsters 10 months prior to the expiration of the current contract in July 2008. Adopted a new financial policy in early 2008 to enhance shareowner value by reducing the company’s cost of capital. Celebrated our 100th anniversary on August 28, 2007. Introduced several industry-first product innovations, including UPS Delivery InterceptSM, UPS PaperlessSM Invoice and international UPS Returns®. Increased profits by $276 million in our
Words: 54529 - Pages: 219
7% 8.1% 14.5% 11.5% 10.3% 5.8% 3.6% -4.3% 6.5% 8.4% 8.4% $8.0 $8.0 $9.0 $10.1 $11.7 $236 $284 $438 $548 $744 $273 $328 $390 $463 $(194) $0.82 $0.85 $1.43 $1.93 $2.52 Net cash provided by operating activities Development costs of new locations Other property and equipment expenditures Free Cash Flow *The Company defines Free Cash Flow as net cash provided by operating activities less capital expenditures. 3.0% 3.5% 4.9% Identical Store Sales Growth Net Sales (in
Words: 41621 - Pages: 167
Journal of Accounting and Economics 50 (2010) 344–401 Contents lists available at ScienceDirect Journal of Accounting and Economics journal homepage: www.elsevier.com/locate/jae Understanding earnings quality: A review of the proxies, their determinants and their consequences$ Patricia Dechow a, Weili Ge b, Catherine Schrand c,n a b c University of California, Berkeley, CA 94720, United States University of Washington, Seattle, WA 98195, United States University of Pennsylvania
Words: 58742 - Pages: 235