Accurately present and calculate two profitability ratios for Starbucks 2019 and 2020?

S 2020-Start X MBA_503_ X MBA503 - X E Chp 13 -H X Mozar 1 X G yahoo mai X Homework X 5 MBA 503 1 x + OX C @ File | /home/chronos/u-Odd159c6ec2497210b2febe9ec4cf126e2c0516/MyFiles/Recovered%20files%20from%20Google%20Drive/2020-Star.. E 2020-Starbucks-Annual-Report (1).pdf 54 / 116 80% + ... Sep 27. Sep 29. 2020 2019 ASSETS Current assets: Cash and cash equivalents 4,350.9 5 2,686.6 Short term investments 281.2 70.5 Accounts receivable, net 883.4 8792 Inventories 1,551.4 1,529.4 Prepaid expenses and other current assets 739.5 488.2 Total current assets 7.806.4 5,653.9 Long-term investments 206.1 220.0 Equity investments 478.7 396.0 Property, plant and equipment, net 6.241.4 6,431.7 Operating lease, right-of-use asset 8,134.1 Deferred income taxes, net 1,789.9 1,765.8 Other long-term assets 568.6 479.6 Other intangible assets 552.1 781.8 Goodwill 3,597.2 3,490.8 TOTAL ASSETS 29,374.5 19,219.6 LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT) Current liabilities: Accounts payable 997.9 5 1,189.7 Accrued liabilities 1,160.7 1,753.7 Accrued payroll and benefits 696.0 664.6 Income taxes payable 98.2 1,291.7 Current portion of operating lease liability 1,248.8 Stored value card liability and current portion of deferred revenue 1,456.5 1,269.0 Short-term debt 438.8 Current portion of long-term debt 1,249.9 Total current liabilities 7,346.8 6,168.7 Long-term debt 14,659.6 11,167.0 Operating lease liability 7,661.7 Deferred revenue 6,598 5 6,744.4 Other long-term liabilities 907.3 1,370.5 Total liabilities 37,173.9 25,450.6 Shareholders' deficit: Common stock ($0.001par value) - authorized, 2,400.0 shares; issued and outstanding, 1, 173 3 and 1,184.6 shares, respectively 1.2 1.2 Additional paid-in capital 373.9 41.1 Retained deficit (7,815.6) (5,771.2)Profitability Ratios (not applicable if net loss) Net Profit Net Income 5.1% Net income as a percentage of sales. Low percentage = low safety Margin (%) Sales (net) If trend is down, product costs and/or margin: higher risk that a decline in operating expenses are rising faster sales will erase profits and result than sales. in a net loss. Gross Profit Gross Profit 35.2% Gross Profit as a percentage of sales. A low or declining Gross Profit % on Sales (%) Sales (net) If low or declining, product costs may indicates less ability to sell goods be increasing and/or selling prices at intended selling price, or rising decreasing (steeper discounts). cost of goods, or both