Question: Below is an abbreviated income statement for Starbucks Predict the
Below is an abbreviated income statement for Starbucks. Predict the net income for the period ending September 30, 2009, by determining the growth rates of sales, COGS, depreciation, and SG&A. Use a tax rate of 37%. Then look up the numbers for Starbucks for 2009 and see how youdid.
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