2. Please compare Starbucks' debt ratio in 2007 to the ndustry avrage which is given below for each measure. Wis Stabucks dong better compared to the incdustry? Inbusty 153 1149 0.14 042 0.10 0.19 1942 Total Aset Tumover- Sales /Total Asets OperntirgIMirginEBIT)-EBIT Sale Debtratio- DIA Retum on Aweng EqityNet home to CammanStochs ikveng Euty Please use the followingfnmcial statements for questions 1 and 2 StarbuckEaknce Shest (in m illions ofdolkr) 2007 2006 2005 1004 Cash and equlents Short-tem nvestm ents Account recenbb Inventories Prepa id Insurance nd Lase Deferred Incometaxes (net) -Incometaxa not paid Totalcurrent ssets $261 13 74 $145 $157$141$133$50E $288 $224$1$140 $692 $536 $546 $123 4?$127 129 1,696$%1,530$$1.20? $1,351 $50 36 $21 $166 $2.690$2.288$%1,842$1,551 $259 $219 $216 $219 $167 $151 $202 Iqutr and other nveatm ent. Tet p kmt and equpment (netof dep recitn) Other sscts Other intangb le ssets (ashdepost from unanedsb) Totalassets $5,343$H,429$3.514$3.390 Accounts paTable Com mrcia i Peper end short term borrowings (Notes Pnbe) Accruet (Compnsation, OccupancT) Accrued taxes $91 41 $221 99 $%64$568$475$362 $296$231$175$221 $2,155$%1.936$1.2273746 $2 Current porthn of hngtam debt Totalcurrent labilti Doforred ncometaxe Long-tsm bonds Other hntam labilties Deferred Eent, asset retirement oblgrtions $550 $2 $354$263$4 145 059 $2.201 $1.424 s9 TotaI debt Common stock 00,000,000 shares) Paid in cp tal Retaned an in ncude repurchase ofcommon stocks) Totlcommon equt TotaI lubiltis and eu 39 $2.244 $2,188 $2,960 s1,4a $2.284 $2,228$%2,090 2,474 $5.343$4.4293,5143,390