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Required information [The following information applies to the questions displayed below.] 10 Starbucks is a coffee company-a big coffee company. During a 10-year period, the
Required information [The following information applies to the questions displayed below.] 10 Starbucks is a coffee company-a big coffee company. During a 10-year period, the number of Starbucks locations in China grew from 24 to over 1,000. The following is adapted from Starbucks's annual report for the year ended October 2, 2016, and dollars are reported in millions. Part 1 of 3 6 points Skipped Accounts Payable Accounts Receivable Cash Common Stock Equipment Intangible Assets Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Short-Term Investments $4,630 580 2,760 390 3,700 3,050 1,310 1,860 1,470 590 4,340 700 eBook the following quarter, which ended December 31, 2016. Dollars are in Print Assume that the following events occurred millions a. Paid $1,200 cash for additional intangible assets. b. Issued additional shares of common stock for $10,400 in cash. c. Purchased equipment; paid $4,400 in cash and signed additional long-term loans for $9,300. d. Paid $840 cash for accounts payable owed at October 2. e Conducted negotiations to purchase a coffee farm, which is expected to cost $8,300. 2. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Assets Liabilities Stockholders' Equity a b. C d. e
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