accounting-Respond to the following question, exercise, problem,
This is not a paper respond with a min of 100 words.Respond to the following question, exercise, problem, or case in your textbook: âChapter 10 Critical Thinking: Financial Statement Case 10-1.â Use complete sentences, cite any sources used, and answer all required parts.Visit www.pearsonhighered.com/Horngren to view a link to Starbucks corporations fiscal 2011annual report. refer to the starbucks corporation financial statements, including Notes 1 and 6. Answer the following questions.Requirements1. Which depreciation method does Starbucks corporation use for reporting inthe financial statements? What type of depreciation method does the companyprobably use for income tax purposes?2. What was the amount of depreciation and amortization expense for year endingOctober 2, 2011?3. The statement of cash flows reports the purchases of property, plant, and equipment.How much were Starbucksâ fixed asset cash purchases during year ending2011? Did Starbucksâ record any proceeds from the sale of fixed assets?4. What was the amount of accumulated depreciation at October 2, 2011?5. compute Starbucksâ asset turnover ratio for year ending October 2, 2011. Howdoes Starbucksâ ratio compare to Green Mountain Coffee Roasters, Inc.?
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