What is your assessment of Starbucks financial performance during the 2010-2017 period?

Select true or false for each of the following statements.

a. Total net revenues rose from $10.7 billion in fiscal 2010 to $22.4 billion in fiscal 2017, a compound average growth rate (CAGR) of 11.1%.

(Click to select) True False

b. Revenues at company-operated stores rose from $8.96 billion in FY 2010 to $17.65 billion in FY 2017, a CAGR of 10.2%.

(Click to select) True False

c. Revenues from licensed stores climbed from $875 million in FY 2010 to $1.36 billion in FY 2017, a CAGR of 12.2%.

(Click to select) True False

d. Net earnings attributable to Starbucks increased from $946 million in FY 2010 to $2.88 billion in FY 2017, a CAGR of 17.2%.

(Click to select) True False

The companys current ratio improved steadily from a low of 1.02 in FY 2010 to a much stronger 1.25 in FY 2017.

(Click to select) True False

f. Starbucks' long-term debt as a percentage of stockholders equity has jumped from a modest 15.0% to a much higher 50% in 2017.

(Click to select) True False

g. The worldwide percentage changes in sales at both domestic and international company-operated stores open 13 months or more have dropped from a healthy 7% in 2015 to 5% in 2016 to 3% in 2017.

(Click to select) True False

h. Starbucks cost of sales as a % of total net revenues in fiscal years 2010 and 2015-2017 has been somewhat unstable.

(Click to select) True False