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CB2100 2023/24 Semester B Case Study-Individual Report (10% Assessment Weighting) Starbucks Corporation Instructions: Please download the financial report of Starbucks Corporation for the year

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CB2100 2023/24 Semester B Case Study-Individual Report (10% Assessment Weighting) Starbucks Corporation Instructions: Please download the financial report of Starbucks Corporation for the year ended October 1, 2023 (FY2023), from the "Files" folder in Canvas. Based on Starbucks Corportation financial statements, answer the following questions: Question 1 (40 marks) Calculate the following for the year ended October 1, 2023, (Fiscal Year 2023) and October 2, 2022 (Fiscal Year 2022). Please round your answers to 2 decimal places. (Note: The company's accounting period ends on the Sunday closest to September 30, therefore, the year ends are not exactly the same.) A. i) Profit margin ii) Return on Assets (The total assets on Oct 3 2021 was $31,392.6 million) iii) Earnings per share (EPS) iv) Price-earnings ratio (Additional information: The stock price of the company was $90.63 and $83.38 for the year ended October 1, 2023, and October 2, 2022, respectively) B. i) Receivables turnover ratio ii) Average collection period iii) Current ratio iv) Acid ratio v) Times interest earned ratio vi) Debt to equity ratio (Additional information: The balance of receivables on October 3, 2021 was $940 million.) Hints: 1. When considering the net income/earnings of the company, you should use the "Net income/earnings (loss) including noncontrolling interest", instead of "Net income/earnings (loss) attributable to Starbucks" 2. When considering the stockholders' equity/deficit of the company, you should use "Total equity/deficit", instead of "Total shareholders' equity/deficit" 3. The shares outstanding of common stock and beginning balance of total stockholders' equity as at October 3 2021 could be found at Consolidated Statements of Equity. Do not use the weighted average shares outstanding. 4. Assume all sales as "credit sales" 1

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