The financial statements of Starbucks Corporation are presented in Appendix A at the end of this book.

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The financial statements of Starbucks Corporation are presented in Appendix A at the end of this book.

\section*{Instructions}

Answer the following questions using the Consolidated Balance Sheet and the Notes to Consolidated Financial Statements section.

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

(b) Are the assets included in current assets listed in the proper order? Explain.

(c) How are Starbucks' assets classified?

(d) What were Starbucks' current liabilities at September 29, 1996, and October 1, 1995?

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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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