Question

This and similar problems in each succeeding chapter focus on the financial statements of Starbucks Corporation. Starbucks is a worldwide retailer of specialty coffees. As you solve each of these homework problems, you will gradually strengthen your understanding of Starbucks’ complete financial statements. You can find these statements either on the investor relations page of Starbuck’s Web site (http://investor.starbucks.com) or via the SEC’s EDGAR database (www.sec.gov/edgar.shtml).
Refer to Starbucks’ balance sheet and answer the following questions:
1. How much cash did Starbucks have on October 2, 2011? (Include cash equivalents as part of cash.)
2. List the account titles and amounts from Starbucks’ balance sheet that are accounts that were discussed in this chapter.
3. Write the company’s accounting equation as of October 2, 2011, by filling in the dollar amounts: Assets = Liabilities + Stockholders’ equity.



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  • CreatedFebruary 20, 2015
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