Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q3. Based on information presented in the companys 10-K for 9-30-2018, what do you believe was the reason for the increase in debt addressed in
Q3. Based on information presented in the companys 10-K for 9-30-2018, what do you believe was the reason for the increase in debt addressed in Q1? Explain your reasoning. (Include references to 10-K, with item and page numbers.)
Q4. Based on information presented on the companys 10-K for 9-30-2018, what do you believe was the reason for the increase in deferred revenue addressed in Q2? Explain your reasoning. (Include references to 10-K, with item and page numbers.)
+ Between October 1, 2017 and September 30, 2018, the value of long-term liabilities reported by Starbucks increased significantly. The table below contains long-term liabilities and other financial data for this time period:- Oct-22 Oct-14 Sep-30 Sep-2942 ($ Millions) 2016 2017 2018 201902 Current liabilitiese Current portion of LT debt $400 $350 Long-term liabilities LT debt: 3,185 3,933 9,090 11,167 Deferred revenue- 4. 6,776 Shareholders'equity Retained earnings 5,950 5,563 1,457 (5,771) AOCI- (108) (156) (330) (503) t De - 6,744 t + + t + + Total net revenue- Interest expenser Net income 21,316 22,387 24,720 26,509 93 170 331 $ 2,818 $ 2,885 $4,518 - $ 3,599 814 + Between October 1, 2017 and September 30, 2018, the value of long-term liabilities reported by Starbucks increased significantly. The table below contains long-term liabilities and other financial data for this time period:- Oct-22 Oct-14 Sep-30 Sep-2942 ($ Millions) 2016 2017 2018 201902 Current liabilitiese Current portion of LT debt $400 $350 Long-term liabilities LT debt: 3,185 3,933 9,090 11,167 Deferred revenue- 4. 6,776 Shareholders'equity Retained earnings 5,950 5,563 1,457 (5,771) AOCI- (108) (156) (330) (503) t De - 6,744 t + + t + + Total net revenue- Interest expenser Net income 21,316 22,387 24,720 26,509 93 170 331 $ 2,818 $ 2,885 $4,518 - $ 3,599 814Step 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