You will use the provided financial statements for Starbucks. Take 2019 and 2020 information given and perform
Question:
You will use the provided financial statements for Starbucks. Take 2019 and 2020 information given and perform the required financial ratios listed below. Compare the ratios of 2019 and 2020 to each other. In comparing the ratios you will need to discuss which year has a better ratio, justify your rationale, and explain your findings in detail in your analysis.
Part 1:
1) What is the ratio used for, what is its’ purpose?
2) Write out formula
3) Fill out formula using the two years financial statement information for both companies
Part 2: For each of the four categories of ratios, identify what the four categories are, and in your own words, explain the following
1) Who are the main stakeholders?
2) What are they assessing?
3) Why are they assessing it?
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick