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PLEASE ANSWER BOTH QUESTIONS 1 (a,b,c) & 2 AS SOON AS POSSIBLE THANK YOU MUCH!! balance sheets provided below To successfully operate in the world

PLEASE ANSWER BOTH QUESTIONS 1 (a,b,c) & 2 AS SOON AS POSSIBLE THANK YOU MUCH!! image text in transcribed
balance sheets provided below
image text in transcribed
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 2019 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. 1. (3 points) As of 12/29/2019, How many shares of common stock are: a. Authorized? b. Issued? c. Outstanding? 2. (1 point) What is the par value of the common stock? Dacember 29, 2019 December 30, 2018 S 85,314 15,713 275,979 10,833 387,839 741,508 1.028,436 185,395 368,078 11.727 2,722,983 1.588 40,564 264,366 27,323 333,841 766,428 194,803 368,078 12,463 1.675,614 $ $ $ 261,320 48,579 2:53,969 48,603 7,428 ASSETS Current assets: Cash and cash equivalents Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property and equipment, net of accumulated depreciation Operating lease assets, net Intangible assets, net of accumulated amortization Goodwill Other assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable and accrued abilities Aconsed salaries and benefits Curront portion of capital and financing loase obligations Current portion of operating lease liabilities Current portion of finance lease Kablities Total current liabilities Long-term capital and financing lease obligations Long-term operating lease liabilities Long-term debt and finance leane liabilities Other long-term liabilities Deferred income tax liability Total abilities Commitments and contingencies (Note 19) Stockholders' equity Undesignated preferred stock: 0.001 par value: 10,000,000 shares authorized, no shares issued and outstanding Common stock, $0.001 par value; 200,000,000 shares muthorited, 117,543,600 shares issued and outstanding, December 29, 2019, 124.975,691 shares issued and outstanding, December 30, 2018 Additional paid in capital Accumulated other comprehensive Income fans) Accumulated deficit Total stockholders equly Total abilities and stockholders' equity 105,153 754 416,812 310,000 119,642 1,078,927 549.419 41,517 453,000 153,377 59,390 1,086 418 2.141.031 117 670,656 (4.682) 64449) 581952 2.722.000 124 657,140 1.134 (60202) 689,10 1,675,614

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