Compare the financial statements of the previous and the current year to create a comparative income statement and balance sheet into a new Microsoft Excel document. Use horizontal analysis to calculate the differences in dollars and percentages and explain the possible reasons for the differences. Calculate the following ratios for the current financial year based on the information in the attached doucment:
Compare your ratio results to the previous year's values and explain possible reasons for the differences. Be sure to include a discussion of controllable and uncontrollable expenses and how these can impact the past, present, and future financial health of the establishment.
The attachment labeled Corrected is the pervious year and the second one is the new year one that is to be used as a comparison.© BrainMass Inc. brainmass.com October 25, 2018, 10:01 am ad1c9bdddf
The library contains calculations of ratios and comparison of balance sheet and income statement.
Starbucks Financial Ratio Analysis
Calculate three ratios for Star Bucks Corporation for the years 2001, 2002, and 2003. The ratios are:
Long-Term Debt Ratio
Cash Coverage Ratio
What are the trends and identify strengths and weaknesses for each ratio.
Discuss other factors beyond the ratios that need to be considered in the assessment of the company's health.
Discuss how your assessment compares to what management is telling the shareholders in the annual report.View Full Posting Details