1. Using the Financial Statements from Starbucks 2019 Annual Report compute the following ratios for 2018 and 2019. You will find the ratio formulas in Chapter 14. You must show your work for these computations! Also, for any computations requiring Net Income, use Net Earnings Attributable to Starbucks. (40 pts)
   1. Working Capital
   2. Current Ratio
   3. Quick Ratio
   4. Accounts Receivable Turnover
   5. Number of Days Sales in Receivables
   6. Inventory Turnover
   7. Number of Days Sales in Inventory
   8. Ratio of Fixed Assets to Long-Term Liabilities
   1. Ratio of Liabilities to Stockholders Equity
   10. Ratio of Liabilities to Total Assets
   11. Times Interest Earned
   50. Profit Margin
   1000. Asset Turnover
   14. Return on Total Assets
   15. Return on Stockholders Equity
   16. Earnings per Share (EPS) on Common Stock
   17. Free Cash Flow (see Chapter 13)
   18. Ratio of Free Cash Flow to Sales (see Chapter 13)
   19. Price-Earnings (P/E) Ratio (For Market Price, find Starbucks stock price as of Sept. 29, 2019; For EPS, use Basic EPS)
   20. Dividends per Share
   21. Dividend Yield
   5. Would you invest in Starbucks? Clearly and thoroughly explain your reasoning. To support your answer, you must speak to each of the following: Liquidity; Solvency; and Profitability. You must use at least two ratios from each of the categories to support your logic. You can also use any additional factors, information, or research to justify your response. When identifying the ratios, be sure to do the following:
      1. Name each ratio.
   2. Indicate the importance of the ratio (what it is intending to measure).
   3. Explain why you chose the ratio to justify your decision.

• Please Note: your answer to v could count up to of the total points allocated to question 2 (especially if you choose to leave this question blank); be sure to give adequate thought and effort to this question and be sure to use your own words. Even though you may be working with other classmates, any written parts of this exam must not be the same as someone elses.