Part B: Accounting Equation (15 Points 3 Points each)

1) Fill in the blanks to complete Whole Foods Balance Sheet ($thousands).

Whole Foods Balance Sheet September 26, 2010
Cash	$ 131,996		Current liabilities	$ 747,872
Non-cash assets	?		Long-term liabilities	?
			Stockholders equity	2,373,258
Total assets	$3,986,540		Total liabilities and equity	$ ?

2) Fill in the blanks to complete Whole Foods Income Statement ($ thousands).

Whole Foods

Income Statement

For Year Ended September 26, 2010

Sales $9,005,794

Cost of goods sold and occupancy costs ?

Gross profit 3,135,401

Operating expenses ?

Operating income $ 437,975