Question I and J
I
1. Refer to Starbucks’ fiscal 2013 statement of cash flows. Its net earning is $8.8 millions and its net cash provided by operating activities is $2908.3 millions. It shows that the operation of the Starbucks is good and it provides a good net cash. But at end of the fiscal 2013. The net earning of Starbucks is not that good.
2. $1151.2 millions
3. $628.9 millions, it is lower than the amount in the statement of equity. In the statement of equity, the amount is $668.6 millions.
J the accounts in Starbucks’ balance sheet require estimate are other intangible assets, goodwill, deferred revenue and long-term debt. No. they are not estimate-free.
Question I and J
I
1. Refer to Starbucks’ fiscal 2013 statement of cash flows. Its net earning is $8.8 millions and its net cash provided by operating activities is $2908.3 millions. It shows that the operation of the Starbucks is good and it provides a good net cash. But at end of the fiscal 2013. The net earning of Starbucks is not that good.
2. $1151.2 millions
3. $628.9 millions, it is lower than the amount in the statement of equity. In the statement of equity, the amount is $668.6 millions.
J the accounts in Starbucks’ balance sheet require estimate are other intangible assets, goodwill, deferred revenue and long-term debt. No. they are not estimate-free
Question I and J
I
1. Refer to Starbucks’ fiscal 2013 statement of cash flows. Its net earning is $8.8 millions and its net cash provided by operating activities is $2908.3 millions. It shows that the operation of the Starbucks is good and it provides a good net cash. But at end of the fiscal 2013. The net earning of Starbucks is not that good.
2. $1151.2 millions
3. $628.9 millions, it is lower than the amount in the statement of equity. In the statement of equity, the amount is $668.6 millions.
J the accounts in Starbucks’ balance sheet require estimate are other intangible assets, goodwill, deferred revenue and...