Question
Please refer to Starbucks and Facebook financial statements for this final project milestone. Identify 5 different elements of each statement (Balance Sheet, Income Statement and
Please refer to Starbucks and Facebook financial statements for this final project milestone. Identify 5 different elements of each statement (Balance Sheet, Income Statement and Cash Flow Statement) and compare and contrast your findings. For example: The Balance Sheet: Cash balance. List the amounts for the most recent year ended for both Starbucks and Facebook, and then include what drives their cash. Obviously different industries and so, what drives their cash? This milestone will contribute to the Final Project in Module 7. Use the following financial statements to inform your findings: Balance sheet: Assets, Liabilities & Owner's Equity Income statement: Revenue & Expenses Equity statement: Owner's Equity (listed again for presentation purposes) Cash flow - Operating, Investing and Financing Activities Company Information Use Starbucks' Annual Reports (Links to an external site.). Here is the link to the SB2017 PDF 10-K Annual Report (Links to an external site.). Use Facebook's Annual Reports (Links to an external site.). Here is the link to the 2017 PDF 10-K Annual Report (Links to an external site.). The 8-Ks are the Quarterlys and the students should not use those.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started