In this Assignment you will be reviewing the case study of Starbucks Corporation and completing questions and exercises relating to financial reports, financial statement analysis and financial valuation
Sheet1
| Starbucks data:page 74 and 75 | Name: | ||
| Trending | |||
| 2011 | 2012 | Positive or Negative | Assignment 4.1 |
| 0.109 | Profit Margin for ROA: {Net Earnings Attributable to Starbucks Sales/ Total Assets | ||
| 1.7 | Assets Turnover: Sales/ Total Assets | ||
| 0.104 | Profit Margin for ROCE: Net Earnings Attributable to Starbucks/Operating Revenues | ||
| 1.7 | Capital Structure Leverage: Total Assets / Common Shareholders’ Equity | ||
| 0.309 | ROCE: Net Earnings Attributable to Starbucks/ Common Shareholders’ Equity | ||
| 0.42 | Cost of Sales/Operating Revenues: | ||
| 0.307 | Stores Operating Expenses/Operating Revenues: | ||
| 0.064 | General and Administrative Expense/Operating Revenues | ||
| 6 | Accounts Receivable Turnover: Net sales on account/ Accounts Receivable. | ||
| 6.5 | Inventory Turnover: Cost of Goods Sold/ Inventory | ||
| 4.9 | Fixed Asset Turnover: Sales/ Fixed assets | ||
Your calculated number-ratio here. Then simply note if trends are positive or negative. Usually, if the calculated outcome is greater than the prior year - it's a good trend