Obtain Starbucks' 2015 annual report either using the Investor Relations portion of its website (do a web
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Question:
Obtain Starbucks' 2015 annual report either using the “Investor Relations” portion of its website (do a web search for Starbucks investor relations) or go to http://www.sec.gov and click “Search for company filings” under “Filings and Forms (EDGAR).”
Required:
1. What classifications are used by Starbucks to value its inventory?
2. How does Starbucks value its inventory?
3. What is the amount of inventory write-downs for 2015? Can you tell if Starbucks records inventory write-downs using the direct or allowance method?
Related Book For
Statistics Unlocking the Power of Data
ISBN: 978-1118583104
1st edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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