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Whalen, Baginski, and Bradshaw 8th Edition Integrative Case 10.1 e. Starbucks appears to use repurchases of common equity shares as the flexible financial account for

Whalen, Baginski, and Bradshaw 8th Edition

Integrative Case 10.1

e. Starbucks appears to use repurchases of common equity shares as the flexible financial account for balancing the balance sheet. Common equity share repurchases are similar to dividends as a mechanism to distribute excess capital to common equity shareholders. Therefore, build your financial statement forecasts using dividends as the flexible financial account.

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