You will be using the company financials from the Starbucks 2020 form 10-K, to answer the following questions: Indicate the page number on which you found the information. Show calculations.

1) The cash flow statement reports the cash purchases for property, plant and equipment. How much did the company purchase and sell?

2) Compute the asset turnover ratio for each of the past two years? (2019 & 2020) Are they doing better or worse?

3) Did the company have debt or equity investments? Identify the items they have and where you located the information. (2020)