Since 1995, Starbucks Corporation had owned a 39.5 percent equity interest in Starbucks Coffee Japan, Ltd. ("Starbucks Japan"). Its joint venture partner, Sazaby League of Japan also owned 39.5 percetn equity interest in Starbucks Japan. The remaining 21 percetn equity interest was help by public sharholders and option holders.

On October 31, 2014, Starbucks acquired all of Sazaby League's shares of Starbucks Coffee Japan, brining Starbucks' total ownership to 79 percent. Starbucks paid Sazaby $508.7 million for the additional 39.5 percent ownership. Later in 2014, Starbucks acquired the remaining 21 percent of Starbucks Coffee Japan.

Access Starbucks' 2015 10-K annual report and answer the following:

1. What amount did Starbucks estimate for the October 31, 2014, acquisition-date fair value of Starbucks Japan?

2. How did Starbucks allocate the acquisition-date fair value of Starbucks Japan among the assets acquired and liabilities assumed?

3. How does Starbucks explain the three different valuations bases for the following items?

--Amount paid to Sazaby for 29.5 percent share purchase

--The fair value of Starbucks pre-existing 29.5 equity interest

--The fair value of the 21 percent noncontrolling interest

4. How did Starbucks account for its 29.5 percent ownership interest in Starbucks Japan prior to the acquisition of the controlling interest?

5. Upon acquisition of its controlling interest on October 31, 2014, how did Starbucks account for the change in fair value of its original 39.5 percent ownership interest?

6. Upon acquisition of the 21 percent noncontrolling interest, how did Starbucks account for the difference between the amount paid and the underlying carrying amount of Starbucks Japan?