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Go to Yahoo Finance and enter SBUX in the search bar to access the financial statements for Starbucks. Access the two most recent income statements

Go to Yahoo Finance and enter SBUX in the search bar to access the financial statements for Starbucks. Access the two most recent income statements and balance sheets that are provided, and prepare horizontal and vertical analyses of both.

Income Statement

All numbers in thousands

Revenue

10/1/2017

10/2/2016

9/27/2015

Total Revenue

22,386,800

21,315,900

19,162,700

Cost of Revenue

9,038,200

8,511,100

7,787,500

Gross Profit

13,348,600

12,804,800

11,375,200

Operating Expenses

Research Development

-

-

-

Selling General and Administrative

8,440,400

7,970,300

7,130,200

Non Recurring

153,500

153,500

153,500

Others

1,011,400

980,800

893,900

Total Operating Expenses

-

-

-

Operating Income or Loss

4,134,700

4,171,900

3,601,000

Income from Continuing Operations

Total Other Income/Expenses Net

275,300

108,000

372,500

Earnings Before Interest and Taxes

4,410,000

4,279,900

3,973,500

Interest Expense

92,500

81,300

70,500

Income Before Tax

4,317,500

4,198,600

3,903,000

Income Tax Expense

1,432,600

1,379,700

1,143,700

Minority Interest

6,900

6,700

1,800

Net Income From Continuing Ops

3,276,100

3,135,900

2,946,200

Non-recurring Events

Discontinued Operations

-

-

-

Extraordinary Items

-

-

-

Effect Of Accounting Changes

-

-

-

Other Items

-

-

-

Net Income

Net Income

2,884,700

2,817,700

2,757,400

Preferred Stock And Other Adjustments

-

-

-

Net Income Applicable To Common Shares

2,884,700

2,817,700

2,757,400

Balance Sheet

All numbers in thousands

Period Ending

10/1/2017

10/2/2016

9/27/2015

Current Assets

Cash And Cash Equivalents

2,462,300

2,128,800

1,530,100

Short Term Investments

228,600

134,400

81,300

Net Receivables

870,400

768,800

719,000

Inventory

1,364,000

1,378,500

1,306,400

Other Current Assets

358,100

347,400

334,200

Total Current Assets

5,283,400

4,757,900

3,971,000

Long Term Investments

1,023,900

1,496,200

664,500

Property Plant and Equipment

4,919,500

4,533,800

4,088,300

Goodwill

1,539,200

1,719,600

1,575,400

Intangible Assets

441,400

516,300

520,400

Accumulated Amortization

-

-

-

Other Assets

362,800

403,300

415,900

Deferred Long Term Asset Charges

795,400

885,400

1,180,800

Total Assets

14,365,600

14,312,500

12,416,300

Current Liabilities

Accounts Payable

2,932,200

2,975,700

2,664,300

Short/Current Long Term Debt

-

399,900

-

Other Current Liabilities

1,288,500

1,171,200

983,800

Total Current Liabilities

4,220,700

4,546,800

3,648,100

Long Term Debt

3,932,600

3,185,300

2,347,500

Other Liabilities

755,300

689,700

600,900

Deferred Long Term Liability Charges

-

-

-

Minority Interest

6,900

6,700

1,800

Negative Goodwill

-

-

-

Total Liabilities

8,915,500

8,428,500

6,598,300

Stockholders' Equity

Misc. Stocks Options Warrants

-

-

-

Redeemable Preferred Stock

-

-

-

Preferred Stock

-

-

-

Common Stock

1,400

1,500

1,500

Retained Earnings

5,563,200

5,949,800

5,974,800

Treasury Stock

-

-

-

Capital Surplus

41,100

41,100

41,100

Other Stockholder Equity

-155,600

-108,400

-199,400

Total Stockholder Equity

5,450,100

5,884,000

5,818,000

Net Tangible Assets

3,469,500

3,648,100

3,722,200

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