In Chapter 8 you learned about long-term assets, both tangible and intangible. Expenditures for long-term assets are not expensed immediately rather they are capitalized (i.e. a new asset is created) and then expensed over their useful life (except for land and certain intangibles with an indefinite life which remain at cost unless an impairment has occurred). Review the 10-K of Starbucks and answer the following:

What is the acquisition cost of PP&E on Starbucks books?

How much depreciation have they taken on these assets as of the end of the 2014 year?

What are the cumulative impairment charges that Starbucks has taken against goodwill?

What is the net balance in goodwill at the end of the 2014 year?

https://s22.q4cdn.com/869488222/files/doc_financials/annual/2016/FY16-Annual-Report-on-Form-10-K.pdf