The stockholders' equity section of Starbucks' balance sheet is shown in the Consolidated Balance Sheet in Appendix A. You will also find data relative to this problem on other pages of the appendix.

\section*{Instructions}

Answer these questions:

(a) What is the par or stated value per share of Starbucks' common stock?

(b) What percentage of Starbucks' authorized common stock was issued at September 29,1996 ? (Round to the nearest full percent.)

(c) How many shares of common stock were outstanding at September 29, 1996, and at October 1, 1995?

(d) What were the high and low sale prices per share of common stock at September 29, 1996, and at October 1, 1995, as reported under Shareholder Information?

(e) Calculate the dividend yield, payout ratio, earnings per share, price-earnings ratio, and return on common stockholders' equity ratio for 1996. (Starbucks' stock price at September 29, 1996, was \(\$ 35.88\).)