Using either Starbuck s Corporations most current Form 10-K or the companys annual report, answer the questions
Question:
Using either Starbuck s Corporation’s most current Form 10-K or the company’s annual report, answer the questions below. To obtain the Form 10-K use either the EDGAR system, following the instructions in Appendix A, or the company’s website. The company’s annual report is available on its website.
Required
a. What is the book value of Starbucks’ stockholders’ equity that is shown on the company’s balance sheet? What is its book value per share?
b. What is the par value of Starbucks’ common stock?
c. Does Starbucks have any treasury stock? If so, how many shares of treasury stock does the company hold?
d. Why does the stock of a company such as Starbucks have a market value that is higher than its book value?
Par ValuePar value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
Step by Step Answer:
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds