Find Starbucks financial statements for the fiscal year ended October 2, 2011, either via the Starbucks Web

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Find Starbucks’ financial statements for the fiscal year ended October 2, 2011, either via the Starbucks Web site or on the SEC’s EDGAR database. Focus on the liabilities section of the balance sheet and footnote 10.
1. Compute the following ratios at October 2, 2011. Assess the changes in these ratios. The values at September 28, 2008, are provided for comparison:
a. Debt-to-equity ratio: 9/28/2008 = 1.28
b. Debt-to-total-assets ratio: 9/28/2008 = .56
2. Comment on Starbucks’ amount of long-term liabilities compared with its amount of current liabilities.

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...
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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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