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In Starbucks Financial statement of 2017, calculate profit margin and inventory turnover. Net Revenues: Total net revenues $ 22 386,8 Cost of sales including occupancy

In Starbucks Financial statement of 2017, calculate profit margin and inventory turnover.

Net Revenues:
Total net revenues $ 22 386,8
Cost of sales including occupancy costs 9 038,2
Store operating expenses 6 493,3
Other operating expenses 553,8
Depreciation and amortization expenses 1 011,4
General and administrative expenses 1 393,3
Total operating expenses 18 643,5
Income from equity investees 391,4
Operating income 4 134,7
Gain resulting from acquisition of joint venture 0
Loss on extinguishment of debt 0
Interest income and other, net 275,3
Interest expense (92,5)
Earnings before income taxes 4 317,5
Income tax expense 1 432,6
Net earnings including noncontrolling interests 2 884,9
Net earnings/(loss) attributable to noncontrolling interests 0,2
Net earnings attributable to Starbucks $ 2 884,7
Earnings per share - basic $ 1,99
Earnings per share - diluted $ 1,97
Weighted average shares outstanding:
Basic 1 449,5
Diluted 1 461,5
Restructuring Charges $ 153,5
Company-operated stores [Member]
Net Revenues:
Total net revenues 17 650,7
Licensed stores [Member]
Net Revenues:
Total net revenues 2 355
CPG, foodservice and other [Member]
Net Revenues:
Total net revenues $ 2 381,1
Current assets:
Cash and cash equivalents $ 2 462,3
Short-term investments 228,6
Accounts receivable, net 870,4
Inventories 1 364
Prepaid expenses and other current assets 358,1
Total current assets 5 283,4
Long-term investments 542,3
Equity and cost investments 481,6
Property, plant and equipment, net 4 919,5
Deferred income taxes, net 795,4
Other long-term assets 362,8
Other intangible assets 441,4
Goodwill 1 539,2
TOTAL ASSETS 14 365,6
Current liabilities:
Accounts payable 782,5
Accrued liabilities 1 934,5
Insurance reserves 215,2
Stored value card liability 1 288,5
Current portion of long-term debt 0
Total current liabilities 4 220,7
Long-term debt 3 932,6
Other long-term liabilities 755,3
Total liabilities 8 908,6
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 1,4
Additional paid-in capital 41,1
Retained earnings 5 563,2
Accumulated other comprehensive income/(loss) (155,6)
Total shareholders' equity 5 450,1
Noncontrolling interests 6,9
Total equity 5 457
TOTAL LIABILITIES AND EQUITY $ 14 365,6

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