Details about a company's liabilities appear in a number of places in the annual report. Visit www.pearsonhighered.com/Horngren

Question:

Details about a company's liabilities appear in a number of places in the annual report. Visit www.pearsonhighered.com/Horngren to view a link to Starbucks Corporation's Annual Report. Use Starbucks Corporation's fiscal 2013 to answer the following questions.
Requirements
1. Give the breakdown of Starbucks's current liabilities at September 29, 2013.
2. Calculate Starbucks's times-interest-earned ratio for the year ending September 30, 2012.
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...