Question: Analyzing and Interpreting Income Statement Numbers from Incomplete Data Selected income statement information for Starbucks Corporation, a coffee-related restaurant chain, for four recent fiscal years

Analyzing and Interpreting Income Statement Numbers from Incomplete Data Selected income statement information for Starbucks Corporation, a coffee-related restaurant chain, for four recent fiscal years follows. a. Compute the missing amounts for each of the four years shown. ($ millions) Cost of Revenues Revenues Gross Profit Operating Expenses Operating Income Other Expenses Net Income 2017 $ 0 $7,065.8 $15,321.0 $ 0 $4,134.7 $1,249.8 $ 0 2018 24,719.5 0 16,788.8 0 0 -634.7 4,518.0 2019 2020 26,508.6 8,526.9 0 13,903.8 0 7,694.9 15,823.1 14,261.4 4,077.9 1,561.7 0 3,594.6 637 0 b. Compute the gross profit margin (gross profit/sales) for each of the four years. Round percentages one decimal place. For example, 0.32684 = 32.7% 2017: 0 % 2018: 0 % 2019: 0 % 2020: 0 %

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