Find Starbucks financial statements for the fiscal year ended October 2, 2011, either via the Starbucks Web
Question:
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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Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
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