Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is your assessment of Starbucks financial performance during fiscal years 2015-2019? Select yes for those statements below that are accurate and choose no for

What is your assessment of Starbucks financial performance during fiscal years 2015-2019?

Select yes for those statements below that are accurate and choose no for those that are not.

Total net revenues rose from $10.7 billion in fiscal 2010 to $26.5 billion in fiscal 2019, a compound average growth rate (CAGR) of 10.6%.

(Click to select) No Yes

Revenues at company-operated stores rose from $8.96 billion in FY 2010 to $21.54 billion in FY 2019, a CAGR of 10.2%.

(Click to select) Yes No

Net earnings attributable to Starbucks increased from $905 million in FY 2010 to $.59 billion in FY 2019, a CAGR of 12.0%.

(Click to select) Yes No

Revenues from licensed stores climbed from $875 million in FY 2010 to $2.88 billion in FY 2019, a CAGR of 14.2%.

(Click to select) No Yes

Net earnings per common share (diluted) jumped from $0.50 in FY 2010 to $1.92 in FY 2019, a CAGR of 15.8%.

(Click to select) No Yes

Operating income increased from $1.42 billion in FY 2010 to $4.08 billion in FY 2019, a CAGR of 12.4%.

(Click to select) Yes No

The companys current ratio improved steadily from a low of 1.02 in FY 2010 to a much stronger 2.05 in FY 2018, but then dropped to a subpar 0.82 in FY 2019.

(Click to select) Yes No

Store operating expenses as a percentage of net revenues from company-operated stores jumped significantly in 2018 and 2019, as compared to earlier years.

(Click to select) No Yes

The worldwide percentage changes in sales at both domestic and international company-operated stores open 13 months or more have dropped from a healthy 10% in 2015 to 8% in 2016 to 4% in 2017 to 2% in 2018, but then rose to 5% in 2019.

(Click to select) No Yes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Complete Guide To Capital Markets For Quantitative Professionals

Authors: Alex Kuznetsov

1st Edition

0071468293, 978-0071468299

More Books

Students also viewed these Finance questions