What are accrued liabilities? How do they arise? Explain.

What is stored value card liability and current portion of deferred revenue? Explain each and indicate how these are related to the concept of Revenue Recognition.

Why is some of deferred revenue reported as current while much is reported as long-term? Explain.

What types of Long-term Debt does Starbucks have, what range of interest rates is being paid by Starbucks, and what range of maturity dates is disclosed for Long-Term Debt.

What are Deferred Taxes and why would Starbucks show Deferred Income Taxes as both an asset and a liability? Explain.