ATC 10-1 Business Applications Case Financial versus managerial accounting The following information was taken from Starbucks Corporation's SEC filings. w Fiscal Year Ended October 1, 2017 October 2, 2016 Number of employees 277,000 254,000 Revenues (in millions) $22,387 $21,316 Properties in thousands) 6,322 square feet 6,277 square feet Total assets (in millions) $14,366 $14,313 Company-owned stores 13,275 12,711 Net earnings (in millions) $2,885 $2,818 Required Page 403 a. Explain whether each line of information in the table would best be described as being primarily financial accounting or managerial accounting in nature. b. Provide some additional examples of managerial and financial accounting information that could apply to Starbucks. c. If you analyze only the data you identified as financial in nature, does it appear that Starbucks' 2017 fiscal year was better or worse than its 2016 fiscal year? Explain. d. If you analyze only the data you identified as managerial in nature, does it appear that Starbucks 2017 fiscal year was better or worse than its 2016 fiscal year? Explain. e. Did Starbucks appear to be using its facilities more efficiently or less efficiently in 2017 than in 2016? ATC 10-2 Group Assignment Product versus upstream and downstream costs