Question: Use the financial statements and notes of Starbucks for the year ended October 2, 2011, and respond to the questions that follow. The financial statements
1. Calculate ROE for the year ended October 2, 2011. Compare it with the value for the year ended October 3, 2010.
2. Calculate the current ratio for the year ended October 2, 2011, and compare it with the value for the year ended October 3, 2010.
3. Calculate total-debt-to-total-assets for the year ended October 2, 2011. Compare it with the value for the year ended October 3, 2010. Define total debt as total liabilities for purposes of this problem.
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1 2011 12457 43849 36747 2 309 2010 9456 36747 30457 2 281 Obtained from Selected Financial Data Note that the ROE ratio represents the return on comm... View full answer
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