Obtain from the internet or from the link below the 2017 and 2018 annual reports for Starbucks. Use the information in the financial statements to respond to the following questions:

1. Ratio Analysis: Compute the following ratios for 2017 and 2018 for Starbucks? a. Current Ratio b. Quick Ratio c. Accounts Receivable Turnover Ratio d. Inventory Turnover Ratio e. Debt-to-Equity Ratio f. Return on Equity g. Return on Assets h. Quality of Net Income (Cash Flows from Operating Activities/Net Income) i. Profit Margin

2. What does each ratio measure and what does your results suggest about the company?

3. If available, find the industry ratios for the most recent year, compare to your results, and discuss why you believe your company differs or is similar to the industry.

4. Were there any economy, industry or company-specific factors that impact Starbucks future income and growth? If so, briefly discuss.

You can access 2017 and 2018 annual accounts for Starbucks from internet or from this link:

https://s22.q4cdn.com/869488222/files/doc_financials/annual/2018/2018-Annual-Report.pdf