Question
Create a table for Starbucks income statements for the past three years. Rather than list every line item that appears on their income statements, use
Create a table for Starbucks income statements for the past three years. Rather than list every line item that appears on their income statements, use category totals. For example, do not list every marketing expense line item such as promotional giveaways, TV advertising, social media advertising, etc. Instead, provide a category total such as marketing expenses. Please follow the income statement template shown below for the order of information presented.
A. Discuss the trends in gross and net margins over the three years.
B. What other numbers stand out over the three-year period? Why are the numbers significant to note?
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