A friend is very interested in Starbucks as a company Your friend is not a business major and has asked for your help to learn more about Starbucks Refer to the financial statements and supplementary data for Starbucks in Appendix A Required Read through Appendix A, including the financial statemen...

Balance Sheet Enormous holdings of cash and cash equivalents 25757 million Drop in inventory from 12415 million to 11112 million Jump in property plan ...

A friend is very interested in Starbucks as a company. Your friend is not a business major

Question:

A friend is very interested in Starbucks as a company. Your friend is not a business major and has asked for your help to learn more about Starbucks. Refer to the and supplementary data for Starbucks in Appendix A.
Required:
Read through Appendix A, including the the notes, managers’ discussion and analysis, the managers’ attestation statement, and the audit opinion. Prepare a brief written report for your friend that (in your opinion) provides two interesting and important pieces of information about Starbucks from the:
• Income Statement
• Statement of Cash Flows
• Statement of Shareholders’ Equity
• Management Discussion and Analysis
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...