Financial report about starbucks

MyDropBox Detailed Report MyDropBox Originality Report Need help with the updated report look ? Click here Close Information Student Name Theta Class ENG10 Save report to disk :Student Email robertdadios gmail .com Submission 101095 Print version :Title Financial_report_about_starbucks Submitted 2007-10-24 02 :52 :52 EST Matching

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ID 762151 Suspected Sources http /www .bea .gov /newsreleases /national /pi /pinewsrelease .htm

http /www .fao .org /ES /ESC /en /20953 /22218 /22242 /print_friendly_version .html

http /drcl .cer .uz /index .php ?theme 55

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http /www .bea .gov /newsreleases /rels .htm

Re-process the without these sources Text

language style : English (U Running Head : STARBUCKS Starbucks Corporation Student name School Starbucks was founded in 1971 selling whole bean coffee and started as a coffee bar in 1987 . Today , there are over 14 ,000 stores around the world with about 9 ,000 being in the United States . As Starbucks Corporation , it has partnered with other companies such as Kraft Foods Inc , Dryer 's Grand Ice Cream , Inc . and Apple Computer Inc . delivering a wider range of products to increase its sales of coffee . Since outing as a public company in 1992 , it has played strongly as it has been doing since its first decade . Fiscal year reflected a 22 .3 sales growth with net of 14 .1 (NASDAQ . Now it has a total of 7 ,786 .9 (mil ) in sales with a net income of 564 .3 (mil . Actual gross profit is 4 ,608 .1 (mil . Revenue generated by Starbucks ' stores around the world jumped 21 percent to 2 .01 billion from 1 .66 billion last year . Starbucks is one of the leading global brands today and their financial statements can attest to that . Fiscal year 2006 balance sheet shows that it has total assets of 4 ,428 .9 against its total liabilities of 2 ,200 .4 , a strong 2 ,228 .5 difference . June 2007 quarter ending report showed a 2 ,359 .2 with Gross Profit of 1 ,355 .4 and Net Income After Taxes of 158 .3 (all financial figures in millions . In depth earnings this quarter showed a growth rate of 23 . October 23 rd bids opened at 26 .07 and closed at 26 .14 the highest with lowest bid of 25 .85 for the day . Basing on these figures , Starbucks is undeniably a strong brand . Their short-term and long-term debts are both relatively low giving way to a high purchasing power and making its plans for further expansion possible . Its success is the aim of other businesses as it has managed to maintain its growth streak . Revenues for the company is an indication how well the brand is supported and how expansion efforts are not wasted . Business is good for Starbucks and it gets better . Recent developments around the world will play significant contributions for additional sales of the company . Findings of the Harvard Medical School says that coffee has health benefits . It says that contrary to beliefs , coffee do not raise high blood pressure and...