Essay on The Whole Foods Company

Write a 2 page essay on The Whole Foods Company.

With regard to the Company’s five main classes of property and equipment, the overall balance for 2005 was $1,054, 605. A slight Depreciation and amortization costs totaled $129.8 million for the year. Accumulated accelerated depreciation and other asset impairments came to an estimated $5.9 million,

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and interest capitalized during the fiscal year was an estimated $3 million. Further, development costs of new stores approximated 7.8 million. In November of 2005 leases were signed for an additional 65 store developments.

As to business combinations, the Company acquired assets from “Select Fish” in October 2003, and from “Fresh and Wild” in January 2004. Select Fish is a seafood processing and distribution factory based in Seattle, Washington. Fresh and Wild operates seven natural and organic food outlets in London and Bristol in England. Both stock acquisitions made use of the “purchase method” so that the purchase price was made on tangible and identifiable intangible assets, which was based on their estimated fair values at the date of acquisition.

The estimated losses from Katrina justify this partial-disclosure that. informs stakeholders of the losses incurred due to the unexpected event in New Orleans. provides an estimate for insurance costs. lists losses. and highlights strategies to adapt to the change (e.g., costs written off as store expenses).

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