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How do I generate an income without know cost of goods sold? Following information is provided. PROBLEMS/ESSAYS: (10 POINTS EACH)-60 POINTS 1. In its October

How do I generate an income without know cost of goods sold? Following information is provided.

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PROBLEMS/ESSAYS: (10 POINTS EACH)-60 POINTS 1. In its October 2, 2016 annual report, Starbucks Corporation reports the following items. ($ millions) 2016 Cash flows from operations $4,575.1 Total revenues 21,315.9 Shareholders' equity 5,890.7 Cash flows from financing (1,753.5) Total liabilities 8,438.8 Cash, ending year 2, 128.8 Expenses 18,497.0 Noncash assets 12,200.7 Cash flows from investing (2,222.9) Net earnings 2,818.9 Cash, beginning year 1,530.1

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