Financial Ratios - Starbucks Corporation

Starbucks Corporation has provided the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $25,000 million
• Total Liabilities: $10,000 million
• Net Income: $3,500 million
• Total Revenue: $15,000 million
• Total Expenses: $10,500 million
• Average Shareholders' Equity: $12,000 million

Calculate the following financial ratios for Starbucks Corporation:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Starbucks Corporation based on these ratios.