All the information and exhibts are provided beow to answer Case 6.1. Please review. Parts A, B, C are REQUIRED for full credit of answer.

solvency INTEGRATIVE CASE 6.1 Starbucks Chapter majority o the items Starbu 1) present the financial state Integrative Case presents of Significa Accounting Polici the Starbucks 2009-2012 following for financial its note to the in Note 1: Summary of Significant Accounting Pol Estimates and Assumptions principles generally accepted in financial statements in conformity with accounting to make estimates and assump the United States of America ("GAAP" requires management and expenses. Exampe tions that affect the reported amounts of assets liabilities, revenues stock include, but are not limited to, estimates for asset and goodwill impairments, resemE compensation forfeiture rates, future asset retirement obligations, and inventory assumptions underlying self-insurance reserves and income from unredeemed stored va the potential outcome of future tax consequences of events that have bee r ized in the financial statements. Actual results and outcomes may differ from these estimates and assumptions Fair Value ir value is the price we would receive to sell an asset or pay to transfer price ments orderly transaction between a liability (ext we market participants. For financial instruments a invest market price as of at value, fair value based upon the quoted ailable for the last day of the fiscal period, if available. If a quoted market price similar identical assets, we determine fair value based upon market price d assets or using a variety of the quoted other valuation value d nclude interest rate an We determine fair The carrying curves, credit internally developed valuation model, using inputs value and liquidity spreads, and effective maturity of for debt of the of cash and cash equivalents approximates fair value because based same e fair value of our long-term debt estimated remaining r similar issues or is offered to maturities on the current rates using available method investments at fair value on a non quoted market prices or temporarily impaired. Fair values are discounted cash flows bass