The main purpose of this module is to review the balance
sheet in more detail. Go to http://www.starbucks.com and click on the investor
relations link. Locate the annual reports for the past two years. Review
Starbucks’ financial report, review background material, and do additional
research as needed to write an essay where you incorporate answers to the
questions below.
Questions
Provide a brief introduction to the company and include a
link to the company’s website.
Distinguish between an expense (expired cost) and an asset.
Distinguish between current and long-term assets.
Distinguish between current and long-term liabilities.
Review Starbuck’s balance sheet and provide two examples of
each of the above categories.
Discuss retained earnings and how income or loss and
dividends affect this account. Review Starbucks’s retained earnings account and
explain how it changed during the past two years.
How much debt does Starbucks have? Is the amount of debt
high? How do we know if it is considered high?
What is the difference between an annual report and a 10-k?
Assignment Expectations
Incorporate responses to the questions above in an organized
format. Start with an introduction and end with a conclusion/summary. Use
headings and subheadings to organize the essay. Do not forget to
includereferences in APA format. The suggested length is five to seven pages
ScholarMatic: Explanation & Answer
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