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Describe three examples of control activities Whole Foods Market, Inc. could use to minimize these risks.

Assignment 3: LASA 1: Whole Foods Market, Inc. and MyAccountingLab

Review Whole Foods Market, Inc’s 2010 Annual report, company information and investor information(see the link: Whole Foods Market, Inc. Investor Relations in the webilography) and write a 5-7 page paper following APA guidelines which addresses the following:

  1. Summarize the company’s financial performance for 2010. Do you think they satisfied stockholder expectations? Why or why not?
  2. Explain three business risks or threats that might threaten Whole Foods ability to accomplish their financial goals for the next 3 years. Use examples and references to support your response.
  3. Describe three examples of control activities Whole Foods Market, Inc. could use to minimize these risks.
  4. What is your overall impression of Whole Foods Market, Inc.’s annual report? Is it a financial accounting document or a managerial accounting document? Who is the target audience? Did the annual report present a positive or negative image of the company? Provide support for your responses.

Use the following file naming convention: LastnameFirstInitial_M3_A3.doc. For example, if your name is John Smith, your document will be named SmithJ_M3_A3.doc.

By Wednesday, October 21, 2015, deliver your assignment to the M3: Assignment 3 Dropbox.

Part II: MyAccountingLab:

In each module of this course, you will complete textbook exercises and problems using MyAccountingLab. The exercises and problems in this assignment provide real-world examples that give you an opportunity to apply your knowledge of the concepts covered in prior modules.

In this assignment, you will complete the following My Accounting Lab Post Tests:

  • Chapter 14-B Post Test
  • Chapter 16-B Post Test

Click here to access MyAccountingLab

You will be given the opportunity to take the post-tests a maximum of three times. You will have until Wednesday, October 21, 2015 to complete you final submission. Due to the ability to attempt this assignment multiple times, it is recommended that you complete your first attempt early in the module in order to provide yourself additional time to complete your second or third attempt if needed.   Since this assignment reviews items covered in prior modules, it is also recommended that you review your prior MyAccountingLab assignments, as well as, any feedback provided by your instructor prior to completing Part II of this assignment.


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