Starbucks 2019 Annual Fiscal Report can be accessed by searching it on Google and clicking on the

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Question:

Starbucks 2019 Annual Fiscal Report can be accessed by searching it on Google and clicking on the first link then clicking on "FY19 Annual Report". I cannot include the link to the report because Chegg does not allow third party links to be put into questions but the link is very easy to find if you follow the instructions. I cannot attach a screenshot because the report is very long so it would require many screenshots in which Chegg wouldn't be able to handle.

Question 1

At the most recent balance sheet date, the book value of property, plant and equipment was in millions:

	a.	$7,841.8
	b.	$14,273.5
	c.	$6,431.7
	d.	$ 5,929.1

Question 2

The historical cost of property, plant and equipment at the most recent balance sheet date was in millions:

	a.	$22,115.3
	b.	$7,841.8
	c.	$6,431.7
	d.	$14,273.5

Question 3

Starbucks carries property, plant and equipment at:

	a.	cost
	b.	cost less accumulated depreciation
	c.	fair market value
	d.	depreciable cost

Question 4

Which depreciation method does Starbucks use?

	a.	Sum of the years digits
	b.	Double declining balance
	c.	Straight line
	d.	Units of activity

Question 5

The depreciation method used by Starbucks results in ____________ net income being reported in the first year of an asset's useful live compared to an accelerated depreciation method.

	a.	more
	b.	less
	c.	the same amount
	d.	cannot be determined

Question 6

The depreciation method used by Starbucks results in ____________ total assets being reported in the first year of an asset's useful live compared to an accelerated depreciation method.

	a.	less
	b.	more
	c.	the same amount
	d.	cannot be determined

Question 7

Starbucks depreciates equipment over:

	a.	10 years
	b.	30 to 40 years
	c.	2 to 15 years
	d.	is not disclosed

Question 8

Net impairment charges on property, plant and equipment recognized by Starbucks in the most recent reporting period were:

	a.	$46.9 million
	b.	$7.1 million
	c.	$43.4 million
	d.	$56.1 million

Question 9

Starbucks indefinite-lived intangibles include:

	a.	acquired and reacquired rights
	b.	trade secrets
	c.	contract-based patents and copyrights
	d.	trade names and trademarks

Question 10

Starbucks evaluates goodwill for impairment __________ during its ______________, or more frequently if an event occurs or circumstances change, such as material deterioration in performance or a significant number of store closures, that would indicate that impairment may exist.