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

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)
Revenues Cost of
Revenues Gross
Profit Operating
Expenses Operating
Income Other
Expenses Net
Income
2011 Answer 1
0
$9,010.00 $3,590.00 Answer 2
0
$2,229.00 $683 Answer 3
0
201213,677.00 Answer 4
0
3,745.00 Answer 5
0
Answer 6
0
1,014.001,784.00
201315,367.0011,068.00 Answer 7
0
4,600.00(301.00) Answer 8
0
4,218.00
2014 Answer 9
0
11,997.005,551.002,070.003,481.001,213.00 Answer 10
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%
2011: ___
2012: ___
2013: ___
2014: ___

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!