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In Starbucks Financial Statement of 2016, calculate profit margin and inventory turnover. Net Revenues: Total net revenues $ 21 315,9 Cost of sales including occupancy

In Starbucks Financial Statement of 2016, calculate profit margin and inventory turnover.

Net Revenues:
Total net revenues $ 21 315,9
Cost of sales including occupancy costs 8 511,1
Store operating expenses 6 064,3
Other operating expenses 545,4
Depreciation and amortization expenses 980,8
General and administrative expenses 1 360,6
Litigation credit 0
Total operating expenses 17 462,2
Income from equity investees 318,2
Operating income 4 171,9
Gain resulting from acquisition of joint venture 0
Loss on extinguishment of debt 0
Interest income and other, net 108
Interest expense (81,3)
Earnings before income taxes 4 198,6
Income tax expense 1 379,7
Net earnings including noncontrolling interests 2 818,9
Net earnings/(loss) attributable to noncontrolling interests 1,2
Net earnings attributable to Starbucks $ 2 817,7
Earnings per share - basic $ 1,91
Earnings per share - diluted $ 1,90
Weighted average shares outstanding:
Basic 1 471,6
Diluted 1 486,7
Company-operated stores [Member]
Net Revenues:
Total net revenues $ 16 844,1
Licensed stores [Member]
Net Revenues:
Total net revenues 2 154,2
CPG, foodservice and other [Member]
Net Revenues:
Total net revenues $ 2 317,6
Current assets:
Cash and cash equivalents $ 2 128,8
Short-term investments 134,4
Accounts receivable, net 768,8
Inventories 1 378,5
Prepaid expenses and other current assets 350
Total current assets 4 760,5
Long-term investments 1 141,7
Equity and cost investments 354,5
Property, plant and equipment, net 4 533,8
Deferred income taxes, net 885,4
Other long-term assets 417,7
Other intangible assets 516,3
Goodwill 1 719,6
TOTAL ASSETS 14 329,5
Current liabilities:
Accounts payable 730,6
Accrued liabilities 1 999,1
Insurance reserves 246
Stored value card liability 1 171,2
Current portion of long-term debt 400
Total current liabilities 4 546,9
Long-term debt 3 202,2
Other long-term liabilities 689,7
Total liabilities 8 438,8
Shareholders' equity:
Common stock ($0.001 par value) - authorized, 2,400.0 shares; issued and outstanding, 1,460.5 and 1,485.1 shares, respectively 1,5
Additional paid-in capital 41,1
Retained earnings 5 949,8
Accumulated other comprehensive income/(loss) (108,4)
Total shareholders' equity 5 884
Noncontrolling interests 6,7
Total equity 5 890,7
TOTAL LIABILITIES AND EQUITY $ 14 329,5

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