Also compare the starbucks ratios to the industry averages
Review the requirements of the Chapter 3 Mini-Case, parts b through h. Then apply those requirements to do an analysis of Starbucks, which is a real company. Don’t complete the mini case itself, just Starbucks. Do the analysis on the basis of the figures for the 2013 financial statements (see link on morningstar website – download the financial statements on excel and work offline). For part g, use the 2 most recent years.
Also compare the Starbucks ratios to the industry averages (see link below on msn.money). You will note that some of the company’s ratios you calculate won’t agree with those found on the web page. Ratios are calculated in different ways, however, you should use the formulas in the text. Also, you won’t find all of the industry averages, but you will find most of them. You’ll need the company’s stock price for several of the ratios; use the fiscal year end price.
Link to Industry ratios for Starbucks
http://investing.money.msn.com/investments/key-ratios?symbol=SBUX
Link to Morningstar website for Starbucks Financial statements
http://financials.morningstar.com/income-statement/is.html?t=SBUX®ion=usa&culture=en-US&ownerCountry=USA