5 pages in 48 hours

  

Balance Sheet Background Info/ Research Info

The main purpose of this module is to review the balance sheet in more detail. Go to http://www.starbucks.com and click on the investor relations link. Locate the annual reports for the past two years. Review Starbucks’ financial report, review background material, and do additional research as needed to write an essay where you incorporate answers to the questions below.

Instructions

Incorporate responses to the questions above in an organized format. Start with an introduction and end with a conclusion/summary. Use headings and subheadings to organize the essay. Do not forget to include references in APA format, five pages in length.

Assignment:

Find information for coffee store franchises in the iExpert Industry Summary. Add three facts about the industry and comment on the information relative to Starbucks.

1. Distinguish between an expense (expired cost) and an asset.

2. Distinguish between short-term and long-term assets.

3. Distinguish between short-term and long-term liabilities.

4. Review Starbucks’ balance sheet and provide two examples of each of the above categories (short-term assets, long-term assets, short-term liabilities, and long-term liabilities).

5. How much debt does Starbucks have? Is the amount of debt high? How do we know if it is considered high? (Hint: Find financial information in IBIS World.)

6. Discuss retained earnings and how income or loss and dividends affect this account. Review Starbucks’ retained earnings account and explain how it changed during the past two years. Show details.

7. What is the difference between an annual report and a 10-k? Do companies have to publish both reports? Does Starbucks publish both?

8. Who were the auditors for the financial statements?

Prepare a table showing: Required

Instructions

Submit the Excel spreadsheet. All information should be part of the spreadsheet. Written comments should be brief and refer to the balance sheet. Both content and presentation matter.

Definitions for finance, financial accounting, managerial accounting, and managerial economics, Describe how the disciplines are connected. All information, including explanations, should be presented in the table. All information should be part of the spreadsheet. Written comments should be brief and refer to the balance sheet. Both content and presentation matter. Use and submit the Excel to create an easy-to-read table with headings and colors or shading where appropriate. The content is most important, but a professional-looking format matters too. Assume that this table will be part of a formal presentation.

Recreate the balance sheet in an Excel spreadsheet. Use cell formulae to add and subtract numbers. Add a column next to the balance sheet for answers to the questions listed below.

1. Is accounts payable larger or smaller than accounts receivable? What is the difference? What do the numbers indicate? Explain.

2. What does “equipment net of depreciation” mean?

3. Are payables short-term or long-term?

4. Determine total liabilities.

5. Determine net short-term assets or liabilities.

6. Determine the total amount owed by VWV at the end of the year.

7. How do we know that the above is a corporate (not a sole proprietor) balance sheet?

Balance sheet for VWV Company info is located on the screen shot images enclosed

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
Hello, welcome to our site. Kindly send us a message and we will be in contact with you right away. "We are simply the best"