Mini Case # 1:

	StarBucks (SBUX)	Mc Donalds (MCD)
Income Statement
PERIOD ENDING	27-Sep-09	31-Dec-08
Total Revenue	$9,774,600.00	$22,744,700.00
Cost of Revenue	$4,324,900.00	$13,952,900.00
Gross Profit	$5,449,700.00	$8,791,800.00
Total Operating Expenses	$4,887,700.00	$1,950,800.00
Operating Income or Loss	$562,000.00	$6,841,000.00
Income from Continuing Operations
Total Other Income/Expenses Net	$36,300.00	-$354,000.00
Earnings Before Interest And Taxes	$598,300.00	$6,487,000.00
Interest Expense	$39,100.00	$0.00
Income Before Tax	$559,200.00	$6,487,000.00
Income Tax Expense	$168,400.00	$1,936,000.00
Net Income	$390,800.00	$4,551,000.00
	StarBucks (SBUX)	Mc Donalds (MCD)
Balance Sheet
PERIOD ENDING	27-Sep-09	31-Dec-08
Cash & Cash Equivalents	$599,800.00	$1,796,000.00
Accounts receivable	$557,600.00	$1,060,400.00
Inventories	$664,900.00	$106,200.00
Other Current Assets	$213,500.00	$453,700.00
Total Current Assets	$2,035,800.00	$3,416,300.00
Long Term Investments	$423,500.00	$1,212,700.00
Property Plant & Equipment	$2,536,400.00	$21,531,500.00
Good will	$0.00	$2,425,200.00
Other Assets	$581,100.00	$1,639,200.00
Total assets	$5,576,800.00	$30,224,900.00
Liabilities

Accounts Payable	$1,192,100.00	$2,970,600.00
Short/Current Long Term Debt	$200.00	$18,100.00
Other Current Liabilities	$388,700.00	$0.00
Total Current Liabilities	$1,581,000.00	$2,988,700.00
Long Term Debt	$549,300.00	$10,560,300.00
Other Long Term Liabilities	$400,800.00	$1,363,100.00
Deferred long term liability charges	$0.00	$1,278,900.00
Total Liabilities	$2,531,100.00	$16,191,000.00
Total Stockholder Equity	$3,045,700.00	$14,033,900.00
Total Liabilities & Owner's Equity	$5,576,800.00	$30,224,900.00

• Calculate for both companies: Total Asset Turnover, Fixed Asset Turnover, Debt Ratio, Operating Profit Margin , Return on Equity

• Analyze your results for both companies in terms of liquidity, asset management efficiency, financial leverage and profitability.