Question
Required: A. Based on Starbucks financial statements (2017, 2018, 2019 or 2020), calculate the following: Days' Sales in Receivable Index (DSRI) Gross Margin Index (GMI)
Required:
A. Based on Starbucks financial statements (2017, 2018, 2019 or 2020), calculate the following: Days' Sales in Receivable Index (DSRI) Gross Margin Index (GMI) Asset Quality Index (AQI) Sales Growth Index (SGI) Depreciation Index (DEPI) Selling and Administrative Expense Index (SAI) Leverage Index (LVGI) Total Accruals to Total Assets (TATA)
B. Based on the financial quality factors calculated above, compute Beneish's Manipulation Index.
C. Using Beneish's Manipulation Index and the reported financial information and disclosures, present a discussion and analysis of the overall accounting quality of Starbucks.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
7th Edition
007331465X, 978-0073314655
