Research the company via the website and download the Income Statement, Statement of Shareholders’ Equity, Balance Sheet, and Statement of Cash Flows. “Starbucks”
Develop a 700-word examination of the financial statements and include the following:
- Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?
- Explain the relevance of changes in net income to investors.
- Determine the ending balance in shareholders’ equity. Why would organizations such as Labor Unions be interested in this?
- Determine the total value of assets.
- Discuss the relevance of the total value of assets to potential creditors and why this is important.
- Determine the total cash flow from the operation.
- Explain which users would find the financial statements most important.
- Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making?
- include a Introduction and Conlusion