ACC$112$ Accounting Principles II $-$ Annual Report Project

To successfully operate in the world of business, the ability to comprehend a company$$s annual report and analyze the financial condition of a company is extremely important. This assignment will help you gain some experience interacting with an annual report, and it will allow you to apply some of what you have learned so far in accounting to a $$real world$$ company.

For this assignment, you are to examine the $2021$ financial statements of Sprouts Farmers Market, Inc., and use that report to answer the questions that follow. Each answer should be numbered, and each question should be answered in complete sentences. For full credit, show all calculations.

For Question $22,$ Prepare a horizontal analysis of the Income Statement for the most current year, you must use Microsoft Excel $($only Excel files will be accepted$).$ The Getting Started module contains instructions for obtaining a free copy of Microsoft Office.

There is a Ratio Analysis Formulas reference sheet attached for you to use. It lists all the ratios, formulas and a brief explanation of each formula and how it is used.