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Starbucks Corporation Data for the year ended December 31, 2023: Item Amount Total Assets $1,500,000,000 Total Liabilities $900,000,000 Shareholders' Equity $600,000,000 Revenue $800,000,000 Operating

Starbucks Corporation
 Data for the year ended December 31, 2023:

Item

Amount

Total Assets

$1,500,000,000

Total Liabilities

$900,000,000

Shareholders' Equity

$600,000,000

Revenue

$800,000,000

Operating Expenses

$500,000,000

Requirements:

  1. Calculate Starbucks' debt-to-equity ratio.
  2. Determine Starbucks' net profit margin.
  3. Analyze the impact of total assets on Starbucks' financial leverage.
  4. Discuss how Starbucks recognizes revenue from retail coffee sales.
  5. Evaluate Starbucks' financial health using the current ratio.
  6. Explain the role of the Income Measurement Objective in Starbucks' strategic growth.

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