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Based on these documents, calculate the company's return on assets for the current year (2019). Show calculation. STARBUCKS CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except
Based on these documents, calculate the company's return on assets for the current year (2019). Show calculation.
STARBUCKS CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except per share data) Sep 29, 2019 Sep 30, 2018 2,686,6 5 70.5 8792 1,529.4 4882 5,653.9 220.0 396.0 6,431.7 1,765.8 479.6 781.8 3,490.8 19,219,6 5 8,7563 181.5 693.1 1,400.5 1,462.8 12.494.2 267.7 334.7 5,929.1 134.7 4122 1,042.2 3,541.6 24,156.4 ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Long-term investments Equity investments Property, plant and equipment, net Deferred income taxes, net Other long-term assets Other intangible assets Goodwill TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT) Current liabilities: Accounts payable Accrued liabilities Accrued payroll and benefits Income taxes payable Stored value card liability and current portion of deferred revenue Current portion of long-term debt Total current liabilities Long-term debt Deferred revenue Other long-term liabilities Total liabilities Shareholders' equity/(deficit): Common stock (50.001 par value) authorized, 2,400.0 shares; issued and outstanding, 1,184.6 and 1,309.1 shares, respectively Additional paid-in capital Retained earnings/(deficit) Accumulated other comprehensive loss Total shareholders' equity/(deficit) Noncontrolling interests Total equity/(deficit) TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/DEFICIT) 1,189.7 $ 1,753.7 664.6 1,291.7 1,269.0 1,179.3 1,752.5 656.8 102.8 1,642.9 349.9 5,684.2 9,090.2 6,775.7 1,430.5 22,980.6 6,168.7 11,167.0 6,744.4 1,370.5 25,450.6 1.2 41.1 (5,771.2) (503.3) (6,232.2) 1.2 (6,231.0) 19,219.6 1.3 41.1 1,457.4 (330.3) 1,169.5 6.3 1,175.8 24,156.4 STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in millions) Sep 29, 2019 3,594.6 $ Sep 30, 2018 4,518.0 $ Oct 1, 2017 2,884.9 Fiscal Year Ended Net earnings including noncontrolling interests Other comprehensive income/(loss), net of tax: Unrealized holding gains/(losses) on available-for-sale securities Tax (expense) benefit Unrealized gains/(losses) on cash flow hedging instruments Tax (expense)/benefit Unrealized gains/losses) on net investment hedging instruments Tax (expense) benefit Translation adjustment and other Tax (expense) benefit Reclassification adjustment for net (gains) losses realized in net earnings for available-for-sale securities, hedging instruments, and translation adjustment Tax expense/(benefit) Other comprehensive income/(loss) Comprehensive income including noncontrolling interests Comprehensive income/(loss) attributable to noncontrolling interests Comprehensive income attributable to Starbucks 10.5 (2.3) (14.1) 3.4 (39.8) 10.1 (146.2) 2.5 (7.0) 1.9 24.4 (6.5) 7.8 (2.2) (220.0) 3.4 (9.5) 29 53.2 (12.6) 20.1 (7.4) (38.3) (2.4) 1.3 1.6 (173.0) 3,421.6 24.7 (1.2) (174.7) 4,343.3 (67.2) 14.0 (47.2) 2.837.7 (4.6) 3,426.2 $ (0.3) 4,343.6 $ 0.2 2,837.5 S STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS fin millions, except per share data) Sep 29, 2019 Sep 30 Oct 1, 2018 2017 Fiscal Year Ended Net revenues: Company-operated stores Licensed stores Other Total net revenues Cost of sales Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring and impairments Total operating expenses Income from equity investees Operating income Gain resulting from acquisition of joint venture Net gain resulting from divestiture of certain operations Interest income and other, net Interest expense Earnings before income taxes Income tax expense Net earnings including noncontrolling interests Net earnings/(loss) attributable to noncontrolling interests Net earnings attributable to Starbucks Earnings per share -- basic Earnings per share --- diluted Weighted average shares outstanding: Basic Diluted 21,544.4 $ 2,875.0 2,0892 26,508.6 8,526.9 10,493.6 371.0 1,377.3 1,824.1 135.8 22,728.7 298.0 4,077.9 19,690.3 $ 2,652.2 2,377.0 24,719.5 7,930.7 9,4722 354.9 1,247.0 1,708.2 224.4 21,137.4 301.2 3,883.3 1,376.4 499.2 191.4 (1703) 5,780.0 1,262.0 4,518.0 (0.3) 4,518.3 S 3.27 $ 3.24 $ 17,650.7 2,355.0 2,381.1 22,386.8 7,065.8 8,486.4 518.0 1,011.4 1,408.4 153.5 18,643.5 391.4 4,134.7 93.5 181.8 (92.5) 622.8 96.5 (331.0) 4,466.2 871.6 3,594.6 (4.6) 3,599.2 2.95 $ 2.92 $ 4,317.5 1,432.6 2,884.9 0.2 2,884.7 1.99 1.97 S S 1.221.2 1,233.2 1,382.7 1,394.6 1,449.5 1,461.5
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