Refer to the financial statements of Starbucks presented in Appendix A. Answer these questions: (a) What was

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Refer to the financial statements of Starbucks presented in Appendix A. Answer these questions:

(a) What was the amount of net cash provided by operating activities for the year ended September 29, 1996? For the year ended October 1, 1995? What were the primary causes of any significant changes in cash from operations between 1995 and 1996?

(b) What was the amount of increase or decrease in cash and cash equivalents for the year ended September 29, 1996? For the year ended October 1, 1995?

(c) Which method of computing net cash provided by operating activities does Starbucks use?

(d) From your analysis of the 1996 statement of cash flows, was the change in accounts and notes receivable a decrease or an increase? Was the change in inventories a decrease or an increase? Was the change in accounts payable a decrease or an increase?

(e) What was the total (net) cash used for investing activities for 1996?

(f) What was the amount of interest paid in 1996? What was the amount of income taxes paid in 1996?

(g) What significant noncash financing and investing activities did Starbucks complete in 1996 ?

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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