Question
Using the Table of Contents in the Form 10-K for Starbucks, navigate to Item 8 Financial Statements and Supplementary Data. Locate the Starbucks Corporation Consolidated
Using the Table of Contents in the Form 10-K for Starbucks, navigate to Item 8 Financial Statements and Supplementary Data. Locate the Starbucks Corporation Consolidated Statements of Cash Flows. Using those financial statements, answer the following questions for your first post:
For the year ended October 2, 2022, what is the largest item in reconciling the net income (or loss) to net cash provided by operating activities? Include the U.S. dollar amount in millions. And state if that amount increases or decreases the net earnings figure as an adjustment.
In each of the recent three years (fiscal year ended October 2, 2022, October 3, 2021, and September 27, 2020, has the company generated more operating cash flow or more net income (net earnings including noncontrolling interests)? Identify the dollar figures to support your answer for each year. Using the information provided, state which of the three years you feel that Starbucks was most successful, and explain why you came to that conclusion.
link also attached
https://s22.q4cdn.com/869488222/files/doc_financials/2022/ar/0bf5535f-877e-4550-aae7-610a8d843e5b.pdf
STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millinns ovoont ner shrmo datr) STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millinns ovoont ner shrmo datr)Step by Step Solution
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