Analysis of Starbucks’ Balance Sheet Name: Course: Professor: Date: Introduction Starbucks is an American multinational corporation that sells coffee and snacks. The company has coffee chains throughout the world and is considered as the biggest global coffee chain. Due to its size it may be complex to analyze the company’s financial situation while putting into perspective all the outlets across the globe. However to understand the company’s markets and returns it is imperative to analyze and interpret some of the financial reports of the company. As such this essay will analyze the coffee and snack industry and the company’s balance sheet. Facts about the Industry The coffee and snack industry has been experiencing tremendous growth. IBISWorld (2017) states that the industry had an annual 3.7 percent growth between 2012 and 2017. The consumer spending during the period was also high with yearly sales of about $40.2 billion (IBISWorld 2017). may not have such details. Additionally there is a difference in the appearances of the two documents. An annual report has more graphs pictures and photographs than a 10-k which looks plain. Lastly a company files a 10-k with the SEC while an annual report is put on the company’s website. Auditors of Starbucks The books of Starbucks are audited by an external auditor. The 10-k document lists the auditor. The auditor for the 2016 and 2017 books of account was Deloitte & Touche LLP (Starbucks 2017). References AccountingWITT. (2011). Financial Statements - An Introduction - YouTube. YouTube. Retrieved 20 March 2018 from www.youtube.com Cliqvid. (2013). What is a Balance Sheet?. YouTube. Retrieved 20 March 2018 from www.youtube.com Dunkin Brands. (2017). Form 10-K. Online. Retrieved on March 19 2018 at investor.dunkinbrands.com IBISWorld. (2017). 72221b – Coffee & Snack Shops in the US. Starbucks. (2017). Annual Report. Online. Retrieved on March 19 2018 at https://s22.q4cdn.com/869488222/files/doc_financials/annual/2017/01/FY17-Starbucks-Form-10-K.pdf [...]
Must be five pages, written on the Master's level. Detailed instructions are in the attachments.