Starbucks presented the following in its 2010 annual report:
No customer accounts for 10% or more of revenues. Revenues are shown based on the geographic location of our customers. Revenues from countries other than the US consist primarily of revenues from Canada and the UK, which together account for approximately 64% of net revenues from other countries for fiscal 2010.
Management evaluates the performance of its operating segments based on net revenues and operating income. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in Note 1. Operating income represents earnings before net interest income and other, interest expense and income taxes. Management does not evaluate the performance of its operating segments using asset measures. The identifiable assets by segment disclosed in this note are those assets specifically identifiable within each segment and include net property, plant and equipment, equity and cost investments, goodwill, and other intangible assets. Corporate assets are primarily comprised of cash and investments, assets of the corporate headquarters and roasting facilities, and inventory.
a. Comment on the vertical common-size presentation for “Beverage, Food, Whole bean and soluble coffees and Other.”
b. 1. Prepare a horizontal common-size analysis of revenue with September 28, 2008 as the base for “Beverage, Food, Whole Bean and Soluble Coffees, and Other”
2. Comment on b(1).
c. For net revenues from external customers:
1. Prepare a vertical common-size analysis for United States and other countries. Use total as the base.
2. Comment on c(1).
3. Prepare a horizontal common-size analysis, with September 28, 2008 as the base, for United States and other countries.
4. Comment on c(3).
d. 1. Prepare a vertical common-size analysis for long-lived assets. Use total as the base.
2. Comment on d(1).
3. Prepare a horizontal common-size analysis, with September 28, 2008 as the base, for long-lived assets.
4. Comment on d(3).
On June 3, Josh made a payment of $500 on an invoice for $1283.50, dated May 25. The terms of payment were 3/10, n/30. What amount was credited to Josh’s account? View So...Mar 31 2020
Patagonia Leading a Green RevolutionHow has Patagonia managed to stay both green and profi table at a time when the economy is down, consumers are tight for cash, and “do...Jul 18 2020
Describe the broad range of talent management efforts that use software applications to help you Director to make an educated decision.Give some examples of firms that ha...May 11 2020
Sales of cars declined by 15 percent in a recent recession. During this period the price of cars rose by 6 percent, average income fell by 4 percent and the price of petr...May 15 2020
Which of the following would not be an opinion unit of a general purpose government?A)Governmental activitiesB)Business-type activitiesC)Each Major FundD)All of the above...Jan 25 2020
Where Cost Accounting may be useful? How far the outcome can be relied upon? What might be the pitfallsApr 17 2018
Write a paragraph explaining what is meant by the statement “ Systems engineeringis focused on the system as a whole. ” State what characteristics of a system you think t...Jun 11 2020
A career strategy should be designed to overcome weaknesses and utilize strengths so as to take advantage of career opportunities. There are various steps in formulating ...Dec 06 2017
One manufacturer has seen a typical learning percentage of 90 percent in the firm. It has recently found out that a competitor has a percentage of 85 percent. What do you...Jul 16 2020
Tiana Shar, the controller for Bondi Furniture Company, is in the process of analyzing the overhead costs for the month of November. She has gathered the following data f...May 18 2018