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please complete the following for: STARBUCKS CORPORATION Analyzing Your Publicly Held Corporation (Note: Do not remove the questions from these pages. Just type your answers
please complete the following for: STARBUCKS CORPORATION
Analyzing Your Publicly Held Corporation (Note: Do not remove the questions from these pages. Just type your answers in beside or below the questions. Most answers should come from your company's most recent 10-K. Please don't obtain information from a more recent quarterly report.) General Information: 1. What is the name of your corporation? 2. Where are the corporate headquarters? 3. What is the corporation's fiscal year end (If it's the same day each year, state the month and day. If it changes, state when the fiscal year ends each year [e.g. some companies end their fiscal year on the Sunday closest to the end of a certain month])? 4. What are the primary products or services of the corporation? 5. Graph the high and low price of the company's stock for each quarter of the last two years (You'll need to create this graph yourself. Do not try to find one online and paste it in. You'll most likely need to search for these quarterly stock highs and lows online. They will probably not be found in the 10-K). Separately state the high and the low for the two year period. 6. Who is the company's transfer agent, and where are they located (You may need to perform an online search for this information)? 7. Who are some of your company's competitors (List actual company names, not just general business types)? Market Information: 8. On which stock exchange is your corporation's stock traded? 9. What is the current market price of their stock? Please give stock price and date of quote. 10. What is the ticker symbol used to identify your corporation on the stock exchange? Internet Information: 11. What is the Internet address of your corporation? Be sure it appears as a hyperlink. 12. Is the corporation's Annual Report on-line? 13. Are its financial statements on-line? 14. Is your company listed on Annualreports.com? 15. How many pages is your company's 10-K report at the Securities and Exchange Commission website (Edgar Database)? Cash Flow and Retained Earnings: (Note: For any amounts listed, you must indicate if the amounts are in thousands or millions or add the missing zeroes. Also, negative amounts must be in parentheses.] 16. List the amount (Please see above note) of cash flows from each of the three activities, Operating, Investing, and Financing for the two most recent years. What was the overall increase or decrease in cash for each of these years (Note: Please state the overall increase or decrease, not the increase or decrease in each cash flow category)? 17. Were there any Non-cash Investing/Financing Transactions listed on the Statement of Cash Flows? If so, describe the type and amount. 18. What is the dollar difference between the company's net income and cash provided by operating activities? 19. What investing activity provided the largest inflow of cash in the most recent year? 20. What investing activity used the largest amount of cash in the most recent year? 21. What financing activity provided the largest inflow of cash in the most recent year? 22. What financing activity used the largest amount of cash in the most recent year? 23. Does the company have sufficient cash inflows from the Operating category? Describe any problems the company may experience with cash flow from your analysis of the cash flow statement. 24. Show the $ change in Retained Earnings for the two most recent years (Note: Don't just state the Retained Earnings balance for the two most recent years. State the change). What was net income for the most recent year? How much in total was declared (not paid out, but declared) in dividends during the most recent year? 25. Were the dividends on common stock and/or preferred stock? What was the per share amount of each? 26. Did Retained Earnings change for any reasons other than net income or dividends? Explain. 27. What classes of stock does your company have? 28. How many shares of each class of stock are authorized, how many are issued, and how many are outstanding (as of the Balance Sheet date)? 29. Does your company have any treasury stock? If so, how many shares and what dollar amount? 30. What is the par or stated value of each of your company's classes of stock? Footnote Disclosures: 31. How many Notes to the Financial Statements does your company have? 32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies? 33. What does it include as Cash and Cash Equivalents? 34. What method does it use to value Inventory? 35. What method(s) does it use to depreciate its assets? 36. Does it have any leased assets? If so, describe. 37. What policies does it have in regard to Foreign Currency Translations? 38. Describe any pending lawsuits in which it is involved (Note: Don't just list the lawsuits. Describe them). 39. What were the basic (not diluted) Earnings per Share for the two most recent years? Report of the Independent Auditor(s): 40. Who is/are your company's external auditors? 41. Where are they located (List the location of the office that audits your client, not the auditor's national headquarters)? 42. Does the auditor give a qualified opinion, an unqualified opinion, a disclaimer of opinion, or an adverse opinion? What does that opinion mean? Is it good? 43. What is the auditor's responsibility in regard to the financial statements? 44. What is management's responsibility in regard to the financial statements? 45. What financial statements were included in the auditor's opinion (List the individual financial statements included)? 46. Did the auditor believe that the statements were presented fairly? Management's Report: 47. Who bears the responsibility for the integrity and the objectivity of the financial statements? 48. What does management say they are doing to assure the public that the financial information is reliable? 49. What is the responsibility of the Audit Committee of the Board of Directors? Analysis: (use Excel to complete this section) 50. Provide common-size analysis of your company's income statement and balance sheet for the two most recent years. (Must be done using Excel with formulas.) 51. Provide horizontal analysis of your company's income statement and balance sheet, showing the dollar amount and percent of change using the two most recent years. (You must use an Excel spreadsheet with formulas.) 52. Perform ratio analysis on your company using the ratios listed in Exhibit 13.16 (Chapter 13) of your text. (These must be in an Excel spreadsheet, using formulas to calculate the ratios.) You should present them in a similar format as the text: group by category, list name of ratio, formula in words, and the ratio calculation. Give a short explanation of your conclusions about your company after each category of ratios. (i.e. How liquid is your company? How efficiently is it using its assets, etc.?) If a ratio isn't applicable to your company, you must state that. Conclusions: 53. Are you optimistic or pessimistic regarding the future of your corporation? Explain. 54. Would you invest in the stock of the company (Assume you have the resources to be able to invest)? Explain. 55. Would you invest in the bonds of the company (Assume you have the resources to be able to invest)? Explain. Analyzing Your Publicly Held Corporation (Note: Do not remove the questions from these pages. Just type your answers in beside or below the questions. Most answers should come from your company's most recent 10-K. Please don't obtain information from a more recent quarterly report.) General Information: 1. What is the name of your corporation? 2. Where are the corporate headquarters? 3. What is the corporation's fiscal year end (If it's the same day each year, state the month and day. If it changes, state when the fiscal year ends each year [e.g. some companies end their fiscal year on the Sunday closest to the end of a certain month])? 4. What are the primary products or services of the corporation? 5. Graph the high and low price of the company's stock for each quarter of the last two years (You'll need to create this graph yourself. Do not try to find one online and paste it in. You'll most likely need to search for these quarterly stock highs and lows online. They will probably not be found in the 10-K). Separately state the high and the low for the two year period. 6. Who is the company's transfer agent, and where are they located (You may need to perform an online search for this information)? 7. Who are some of your company's competitors (List actual company names, not just general business types)? Market Information: 8. On which stock exchange is your corporation's stock traded? 9. What is the current market price of their stock? Please give stock price and date of quote. 10. What is the ticker symbol used to identify your corporation on the stock exchange? Internet Information: 11. What is the Internet address of your corporation? Be sure it appears as a hyperlink. 12. Is the corporation's Annual Report on-line? 13. Are its financial statements on-line? 14. Is your company listed on Annualreports.com? 15. How many pages is your company's 10-K report at the Securities and Exchange Commission website (Edgar Database)? Cash Flow and Retained Earnings: (Note: For any amounts listed, you must indicate if the amounts are in thousands or millions or add the missing zeroes. Also, negative amounts must be in parentheses.] 16. List the amount (Please see above note) of cash flows from each of the three activities, Operating, Investing, and Financing for the two most recent years. What was the overall increase or decrease in cash for each of these years (Note: Please state the overall increase or decrease, not the increase or decrease in each cash flow category)? 17. Were there any Non-cash Investing/Financing Transactions listed on the Statement of Cash Flows? If so, describe the type and amount. 18. What is the dollar difference between the company's net income and cash provided by operating activities? 19. What investing activity provided the largest inflow of cash in the most recent year? 20. What investing activity used the largest amount of cash in the most recent year? 21. What financing activity provided the largest inflow of cash in the most recent year? 22. What financing activity used the largest amount of cash in the most recent year? 23. Does the company have sufficient cash inflows from the Operating category? Describe any problems the company may experience with cash flow from your analysis of the cash flow statement. 24. Show the $ change in Retained Earnings for the two most recent years (Note: Don't just state the Retained Earnings balance for the two most recent years. State the change). What was net income for the most recent year? How much in total was declared (not paid out, but declared) in dividends during the most recent year? 25. Were the dividends on common stock and/or preferred stock? What was the per share amount of each? 26. Did Retained Earnings change for any reasons other than net income or dividends? Explain. 27. What classes of stock does your company have? 28. How many shares of each class of stock are authorized, how many are issued, and how many are outstanding (as of the Balance Sheet date)? 29. Does your company have any treasury stock? If so, how many shares and what dollar amount? 30. What is the par or stated value of each of your company's classes of stock? Footnote Disclosures: 31. How many Notes to the Financial Statements does your company have? 32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies? 33. What does it include as Cash and Cash Equivalents? 34. What method does it use to value Inventory? 35. What method(s) does it use to depreciate its assets? 36. Does it have any leased assets? If so, describe. 37. What policies does it have in regard to Foreign Currency Translations? 38. Describe any pending lawsuits in which it is involved (Note: Don't just list the lawsuits. Describe them). 39. What were the basic (not diluted) Earnings per Share for the two most recent years? Report of the Independent Auditor(s): 40. Who is/are your company's external auditors? 41. Where are they located (List the location of the office that audits your client, not the auditor's national headquarters)? 42. Does the auditor give a qualified opinion, an unqualified opinion, a disclaimer of opinion, or an adverse opinion? What does that opinion mean? Is it good? 43. What is the auditor's responsibility in regard to the financial statements? 44. What is management's responsibility in regard to the financial statements? 45. What financial statements were included in the auditor's opinion (List the individual financial statements included)? 46. Did the auditor believe that the statements were presented fairly? Management's Report: 47. Who bears the responsibility for the integrity and the objectivity of the financial statements? 48. What does management say they are doing to assure the public that the financial information is reliable? 49. What is the responsibility of the Audit Committee of the Board of Directors? Analysis: (use Excel to complete this section) 50. Provide common-size analysis of your company's income statement and balance sheet for the two most recent years. (Must be done using Excel with formulas.) 51. Provide horizontal analysis of your company's income statement and balance sheet, showing the dollar amount and percent of change using the two most recent years. (You must use an Excel spreadsheet with formulas.) 52. Perform ratio analysis on your company using the ratios listed in Exhibit 13.16 (Chapter 13) of your text. (These must be in an Excel spreadsheet, using formulas to calculate the ratios.) You should present them in a similar format as the text: group by category, list name of ratio, formula in words, and the ratio calculation. Give a short explanation of your conclusions about your company after each category of ratios. (i.e. How liquid is your company? How efficiently is it using its assets, etc.?) If a ratio isn't applicable to your company, you must state that. Conclusions: 53. Are you optimistic or pessimistic regarding the future of your corporation? Explain. 54. Would you invest in the stock of the company (Assume you have the resources to be able to invest)? Explain. 55. Would you invest in the bonds of the company (Assume you have the resources to be able to invest)? ExplainStep by Step Solution
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