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In its October 2, 2011 annual report, Starbucks Corporation reports the following items. (13 points)
($ millions)
2011
Cash flows from operations
$ 1,612.4
Total revenues
11,700.4
Shareholders’ equity
4,387.3
Cash flows from financing
(608.8)
Total liabilities
2,973.1
Cash, ending year
1,148.1
Expenses
10,452.4
Noncash assets
6,212.3
Cash flows from investing
(1,019.5)
Net earnings
1,248.0
Cash, beginning year
$ 1,164.0
a. Prepare the balance sheet for Starbucks for October 2, 2011. (5 points)
b. Prepare the income statement for Starbucks for the year ended October 2, 2011. (5 points)
c. Prepare the statement of cash flows for Starbucks for the year ended October 2, 2011. (3 pts)
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