Question
Use Yahoo! Finance (Links to an external site.) or the EDGAR | Company Filings (Links to an external site.)database to download the last 10Q from
Use Yahoo! Finance (Links to an external site.) or the EDGAR | Company Filings (Links to an external site.)database to download the last 10Q from Starbucks into excel. Use the downloaded data to complete the Income Statement and Balance Sheet on the appropriate tabs in the Financial Forecasting Template. Assume the following: Sales will increase for the next quarter by the same percentage increase from the previous quarter to the last reported quarter. For example, if sales increased 8% from the last quarter to the current reported quarter, you will use 8% as the sales increase for your pro formas. Calculate the expenses to determine what will change and what will remain the same. Excel Template has nothing in it, just a space to add the income statement and balance sheet from Starbucks
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