Go to Yahoo Finance and enter SBUX in the search bar to access the financial statements for Starbucks. Access the two most recent income statements and balance sheets that are provided, and prepare horizontal and vertical analyses of both.

Income Statement All numbers in thousands Revenue 10/1/2017 10/2/2016 9/27/2015 Total Revenue 22,386,800 21,315,900 19,162,700 Cost of Revenue 9,038,200 8,511,100 7,787,500 Gross Profit 13,348,600 12,804,800 11,375,200 Operating Expenses Research Development - - - Selling General and Administrative 8,440,400 7,970,300 7,130,200 Non Recurring 153,500 153,500 153,500 Others 1,011,400 980,800 893,900 Total Operating Expenses - - - Operating Income or Loss 4,134,700 4,171,900 3,601,000 Income from Continuing Operations Total Other Income/Expenses Net 275,300 108,000 372,500 Earnings Before Interest and Taxes 4,410,000 4,279,900 3,973,500 Interest Expense 92,500 81,300 70,500 Income Before Tax 4,317,500 4,198,600 3,903,000 Income Tax Expense 1,432,600 1,379,700 1,143,700 Minority Interest 6,900 6,700 1,800 Net Income From Continuing Ops 3,276,100 3,135,900 2,946,200 Non-recurring Events Discontinued Operations - - - Extraordinary Items - - - Effect Of Accounting Changes - - - Other Items - - - Net Income Net Income 2,884,700 2,817,700 2,757,400 Preferred Stock And Other Adjustments - - - Net Income Applicable To Common Shares 2,884,700 2,817,700 2,757,400 Balance Sheet
All numbers in thousands
Period Ending	10/1/2017	10/2/2016	9/27/2015
Current Assets
Cash And Cash Equivalents	2,462,300	2,128,800	1,530,100
Short Term Investments	228,600	134,400	81,300
Net Receivables	870,400	768,800	719,000
Inventory	1,364,000	1,378,500	1,306,400
Other Current Assets	358,100	347,400	334,200
Total Current Assets	5,283,400	4,757,900	3,971,000
Long Term Investments	1,023,900	1,496,200	664,500
Property Plant and Equipment	4,919,500	4,533,800	4,088,300
Goodwill	1,539,200	1,719,600	1,575,400
Intangible Assets	441,400	516,300	520,400
Accumulated Amortization	-	-	-
Other Assets	362,800	403,300	415,900
Deferred Long Term Asset Charges	795,400	885,400	1,180,800
Total Assets	14,365,600	14,312,500	12,416,300
Current Liabilities
Accounts Payable	2,932,200	2,975,700	2,664,300
Short/Current Long Term Debt	-	399,900	-
Other Current Liabilities	1,288,500	1,171,200	983,800
Total Current Liabilities	4,220,700	4,546,800	3,648,100
Long Term Debt	3,932,600	3,185,300	2,347,500
Other Liabilities	755,300	689,700	600,900
Deferred Long Term Liability Charges	-	-	-
Minority Interest	6,900	6,700	1,800
Negative Goodwill	-	-	-
Total Liabilities	8,915,500	8,428,500	6,598,300
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-
Redeemable Preferred Stock	-	-	-
Preferred Stock	-	-	-
Common Stock	1,400	1,500	1,500
Retained Earnings	5,563,200	5,949,800	5,974,800
Treasury Stock	-	-	-
Capital Surplus	41,100	41,100	41,100
Other Stockholder Equity	-155,600	-108,400	-199,400
Total Stockholder Equity	5,450,100	5,884,000	5,818,000
Net Tangible Assets	3,469,500	3,648,100	3,722,200