360 Paper
Executive Summary
Team B
ACC 280
January 19, 2012
Julio Medina
Abstract
The succeeding content of this executive summary provides an analysis on Starbucks’ Corporation profit using the company’s most three most recent annual reports. Team B uses “the information contained in the company’s balance sheet and income statement noting that annual reporting period and fiscal year mean year-end numbers. Additionally, included is the company history, audit for the company, stock exchange listing, cash and cash equivalents at the end of its 2 most annual reporting periods. Moreover, total current assets, largest current assets, company’s total assets at the end of its 2 most recent annual reporting years. Furthermore, accounts payable, total current liabilities, two largest current liabilities, company’s total liabilities at the end of its 2 most recent annual reporting periods. Finally, company’s revenues and net income for the last 3 annual reporting periods, and the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period” (Axia College, 2012, Week Two Course Syllabi).
Executive Summary
History
Research shows coffee is the most popular morning beverage for business executive, college students, young adults, and individuals in general. In 1971 the popularity of Starbucks emerged in Seattle Washington along with its founders Zev Segal, Jerry Baldwin, and Gordon Bowker. “The Pike Place Market” was the first store located in downtown Seattle Washington. Such place was known for selling one of the best roasted whole coffee beans to be found in the city. The name Starbucks originated from the old novel Moby Dick. The novel based its content from the traditions of early sea traders of coffee. The Syrians Eye based on a mermaid was a seaman beauty and romance of the sea. Today the image of the mermaid on coffee mugs, cups, and t-shirts can be purchase in each coffeehouse. In 1981,
Team B
ACC 280
January 19, 2012
Julio Medina
Abstract
The succeeding content of this executive summary provides an analysis on Starbucks’ Corporation profit using the company’s most three most recent annual reports. Team B uses “the information contained in the company’s balance sheet and income statement noting that annual reporting period and fiscal year mean year-end numbers. Additionally, included is the company history, audit for the company, stock exchange listing, cash and cash equivalents at the end of its 2 most annual reporting periods. Moreover, total current assets, largest current assets, company’s total assets at the end of its 2 most recent annual reporting years. Furthermore, accounts payable, total current liabilities, two largest current liabilities, company’s total liabilities at the end of its 2 most recent annual reporting periods. Finally, company’s revenues and net income for the last 3 annual reporting periods, and the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period” (Axia College, 2012, Week Two Course Syllabi).
Executive Summary
History
Research shows coffee is the most popular morning beverage for business executive, college students, young adults, and individuals in general. In 1971 the popularity of Starbucks emerged in Seattle Washington along with its founders Zev Segal, Jerry Baldwin, and Gordon Bowker. “The Pike Place Market” was the first store located in downtown Seattle Washington. Such place was known for selling one of the best roasted whole coffee beans to be found in the city. The name Starbucks originated from the old novel Moby Dick. The novel based its content from the traditions of early sea traders of coffee. The Syrians Eye based on a mermaid was a seaman beauty and romance of the sea. Today the image of the mermaid on coffee mugs, cups, and t-shirts can be purchase in each coffeehouse. In 1981,
References: Axia College. (2012). Week one Course Syllabi.Retrieved from Axia College, ACC/280-Principles of Accounting course website. MSN Money (2011) StarbucksCorp: financial statement. Retrieved at http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?lstStatement=Income&symbol=US%3aSBUX&stmtView=Ann Starbucks Newsroom (2011) Starbucks Reports Record Third Quarter 2011 Results. Retrieved at http://news.starbucks.com/article_display.cfm?article_id=558 Y Charts (2012). Starbucks Corporation Revenue Growth. Retrieved at http://ycharts.com/companies/SBUX/revenue_growth