The actual financial statements of Starbucks Corporation as presented in the company's 1996 annual report are given in Illustrations 1-6 through 1-9.

\section*{Instructions}

Refer to Starbucks' financial statements to answer these questions:

(a) What were Starbucks' total assets at September 29, 1996? At October 1, 1995?

(b) How much cash (and cash equivalents) did Starbucks have on September 29, 1996?

(c) What amount of accounts payable did Starbucks report on September 29, 1996? On October 1, 1995?

(d) What were Starbucks' net sales in 1994? In 1995? In 1996?

(e) What is the amount of the change in Starbucks' net income from 1995 to 1996?

(f) The accounting equation is: Assets \(=\) Liabilities + Stockholders' Equity. Replacing the words in that equation with dollar amounts, give Starbucks' accounting equation at September 29, 1996.