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Please calculate Starbucks Gross profit and net gross profit margin for 2016 and any description of benchmark, standard measurement? Item 8. Financial Statements and Supplementary

image text in transcribedPlease calculate Starbucks Gross profit and net gross profit margin for 2016 and any description of benchmark, standard measurement?

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Item 8. Financial Statements and Supplementary Data STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millions, except per share data) Fiscal Year Ended Net revenues: 15,197.3 12,977.9 Company-operated stores 16,844.1 Licensed stores 2,154.2 2,103.5 CPG, foodservice and other 2.317.6 16,447.8 19,162.7 Total net revenues 21,315.9 6,858.8 7,787.5 Cost of sales including occupancy costs 4,638.22 6,064.3 Store operating expenses Other operating expenses 545.4 893.9 980.8 Depreciation and amortization expenses 99 1,196.7 ,360.6 General and administrative expenses 20.2 Litigation credit 13,635.0 7,462.2 Total operating expenses 268.3 249.9 318.2 Income from equity investees Operating income Gain resulting from acquisition of joi venture (61.1) Loss on extinguishment of debt 42.7 43.0 Interest income and other, net (0.5) Interest expense 3,159.7 3,903.0 4,198,6 Earnings before income taxes 1,092.0 43.7 ,379.7 Income tax expense 2.067.7 2,759.3 Net earnings including noncontrolling interests 2.818.9 0.4) Net earnings/(loss) attributable to noncontrolling interests 2,757.4 2,068, Net earnings attributable to Starbucks 2,817.7 .37 .84 Earnings per share Earnings per share Weighted average shares outstanding: 1,495.9 ,506.3 Basic l,513.4 1,526.3 486.7 See Notes to Consolidated Financial Statements. starbucks Corporation 2016 Form 10-K 45

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