Find the Starbucks financial statements for 2011 either on Starbucks Web site or on the SECs EDGAR
Question:
1. What was the amount of net revenues (total sales) and net earnings for the year ended October 2, 2011?
2. How did Starbucks’ net income and dividends affect its retained earnings?
3. What is Starbucks’ EPS for the year ended October 2, 2011? Compute the P-E ratio, assuming the market price for Starbucks’ stock was $35.93 at the time.
4. Suppose the average P-E ratio for companies at that time was 15. Do investors expect Starbucks’ EPS to grow faster or slower than average? Explain. 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...
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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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