Question: For this week's Critical Thinking assignment, locate the 2019 10-K Report for Starbucks Corporation (Source Location: www.sec.gov). Answer the following questions from their balance sheet:
For this week's Critical Thinking assignment, locate the 2019 10-K Report for Starbucks Corporation (Source Location: www.sec.gov). Answer the following questions from their balance sheet:
- How much cash did Starbucks have at the end of the fiscal year?
- What were Starbucks total assets?
- What were Starbucks total liabilities? How much debt did Starbucks have?
- What was the book value of Starbucks equity?
Then identify what the Net Profit Margin was for Starbucks in 2019 and explain/support if Starbucks had a successful or unsuccessful year based on the information gathered.
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