FINANCE 3800-PROBLEM SET #1 INTERPRETATION OF FINANCIAL STATEMENTS The purpose of this exercise is to...

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FINANCE 3800-PROBLEM SET #1 INTERPRETATION OF FINANCIAL STATEMENTS The purpose of this exercise is to review application of basic techniques, particularly the use of financial ratios, to analyze company financial statements. To this end, look up Starbucks and look over its annual report along with its consolidated financial statements for the most recent year. Remember that while some companies use the calendar year (ending December 31), most retailers use January 31, and some use the end of May or June. In any event, see what the Annual Report says and then dig into some of the analysis that you can find on sites such as Yahoo Finance or Forbes. 1. What are the gross profit, operating profit, and net profit margins of Starbucks and do they change significantly over the course of these three years

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