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a. In Starbucks Financial reports of 2020, calculate profit margin and inventory turnover. Net Revenues: Revenues $ 23 518 Product and distribution costs 7 694,9

a. In Starbucks Financial reports of 2020, calculate profit margin and inventory turnover.

Net Revenues:
Revenues $ 23 518
Product and distribution costs 7 694,9
Store operating expenses 10 764
Other operating expenses 430,3
Depreciation and amortization expenses 1 431,3
General and administrative expenses 1 679,6
Restructuring and impairments 278,7
Total operating expenses 22 278,8
Income from equity investees 322,5
Operating income 1 561,7
Gain resulting from acquisition of joint venture 0
Net gain resulting from divestiture of certain retail operations 0
Interest income and other, net 39,7
Interest expense -437
Earnings before income taxes 1 164,4
Income tax expense 239,7
Net earnings including noncontrolling interests 924,7
Net loss attributable to noncontrolling interest (3,6)
Net earnings attributable to Starbucks $ 928,3
Earnings Per Share, Basic $ 0,79
Earnings/(loss) Per Share, Diluted $ 0,79
Weighted average shares outstanding:
Basic 1 172,8
Diluted 1 181,8
Product and Service, Other [Member]
Net Revenues:
Revenues $ 2 026,3
Company-operated stores [Member]
Net Revenues:
Revenues 19 164,6
Licensed stores [Member]
Net Revenues:
Revenues $ 2 327,1
Current assets:
Cash and Cash Equivalents, at Carrying Value $ 4 350,9
Short-term Investments 281,2
Accounts Receivable, after Allowance for Credit Loss, Current 883,4
Inventory, Net 1 551,4
Prepaid Expense and Other Assets, Current 739,5
Assets, Current 7 806,4
Available-for-sale Securities, Noncurrent 206,1
Equity Investments 478,7
Property, Plant and Equipment, Net 6 241,4
Operating Lease, Right-of-Use Asset 8 134,1
Deferred Tax Assets, Net, Noncurrent 1 789,9
Other Assets, Noncurrent 568,6
Intangible Assets, Net (Excluding Goodwill) 552,1
Goodwill 3 597,2
Assets 29 374,5
Current liabilities:
Accounts Payable, Current 997,9
Accrued Liabilities, Current 1 160,7
Employee-related Liabilities, Current 696
Accrued Income Taxes, Current 98,2
Operating Lease, Liability, Current 1 248,8
Deferred Revenue, Current 1 456,5
Short-term Debt 438,8
Long-term Debt, Current Maturities 1 249,9
Liabilities, Current 7 346,8
Long-term Debt, Excluding Current Maturities 14 659,6
Operating Lease, Liability, Noncurrent 7 661,7
Deferred Revenue, Noncurrent 6 598,5
Deferred Tax and Other Liabilities, Noncurrent 907,3
Liabilities 37 173,9
Shareholders' equity/(deficit)
Common stock ($0.001 par value) - authorized 2,400.0 shares; issued and outstanding 1.173.3 and 1,184.6 shares, respectively 1,2
Additional Paid in Capital, Common Stock 373,9
Retained Earnings (Accumulated Deficit) (7 815,6)
Accumulated Other Comprehensive Income (Loss), Net of Tax (364,6)
Stockholders' Equity/(Deficit) Attributable to Parent (7 805,1)
Stockholders' Equity Attributable to Noncontrolling Interest 5,7
Stockholders' Equity/(Deficit), Including Portion Attributable to Noncontrolling Interest (7 799,4)
Liabilities and Shareholders' Equity/(Deficit) $ 29 374,5
Common stock, par value $ 0,001
Authorized shares of common stock 2 400 000 000
Common Stock, Shares, Issued 1 173 300 000

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