60.1K

Verified Solution

Link Copied!

Starbucks

Costco

Nike

to the annual reports for each company. Once in the annual report, you will need to find the financial statements. You should be able to find these quite easily by looking at the table of contents. The financial statements normally show up somewhere in the nuddle of the report. 1. Complete a Common Size Analysis for 2022 for each company for the Income Statement and the Balance Sheet. Your final answer should be in a table format with the results of all three companics shown (Starbucks first, Costco next, Nike third). Be sure to attach your computations. Also, provide a brief summary of several things of interest to you for each company. (30 pts) . For the Income Statement, include the following categories iyou will need to exercise a little critical thinking jadgment in some of these categories because the company may be using a different name for the category): - Sales (or Revenues) . Cost of Goods Sold -Gross Profit - Setling Expenses - Administrative Expenses - Todal Operating Expenses . Operating lncome -Net Income - For the Balance Sheet, include the following categories; - Current Assets - Long-Term Assets - Total Asscts - Current Liabilities -Long-Term Liabilities - Total Liabilities - Total Paid In Capital - Retained Earmings -Total Stockholders Equity - Total Liabilities and Stockholders' Equity 2 Compute the following raties for each company for 2022 (same order as used in t1). Be sure to show your work. Present your final answers in a single table (Starbucks first, Costco second, and Nike third). Be sure to attach your work for all computations! Follow these guidelines for rounding: decimals to the nearest 100th (example: 2564=26 ) and percentages to the nearest 10 th of a percent (example; 2564=25.6%). (65 pts) Current Ratio 2022 (same oeder as used in \#1). Be sure to show your work. Present your firal answiers in a single table (Starbucks first, Costce secend, and Nike thind). Be sure to wtach your work for all computations! Follow these guidelines for foundinge decimals to the nearest 100th (example: 2564=26) and pereentages to the nearest 10th of a perceat (ckample; 256425.6%). (65pts) - Current Ratio - Quick Ratio Accounts Receivable Tumover - Days" Sales in receivables Inventery Tumover - Days' sales in inventory - Ratio of Fixed Assets to Long-Term Liabilities - Ratio of Liabilities to Ssockholders' Equity - Times Interest Earned - Asset Turiover - Returm on Total Assets * Reture in Stockholders' Equity Earnings Per Stare - Price-Farrings Ratio (you will need to look up the current stock price for cach company) Trovide a brief summary for cach company of several things you found interesting in the ratio computations. (15 pts) * Afer reviewing and comparing the ratios and the commoth-size numbers, decide on which company you want to invest in and provide a written rationale based on the conpany's comparative measures to the other companies. For your analysis, you must speak to the company' comparative meaxures of liquidity, solvency, profitability, and commonsize analysis and use these as a basis for your decision. You will also need to include some of the numbers you coempoted in your common size and ratio analysis to help support your decision. As a guide, your analysis will not be complete if it is only a paragraph (or even two) ia lenght. Pleave provide adequate depth and detail, expecially if you want consideration for full credit. (40 pts) Remember to submit your work in order of these lieks (Starbecks first, Costce secobd, and Nike third), Starbuck: 2023/af Starbucks-FY22-Annual-Report polRL inks to an extmal site. Costeo: htps: 1520 ofceln com2287523651filceidac finansin k2022 ar Costco-2022-Annsal-Rspot pall. inks to an cxicrmal sits. Nike: htthsilis s athatn com 806493406filesidoc_domnloads 2022395565127 Nikc-inc. NPS Combo Form10K WR ndil. inks to an extermal site. Item 8. Financial Statements and Supplementary Data STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millions, except per share data) See Notes to Consolidated Financial Statements. STARBUCKS CORPORATION CONSOLIDATED BAL ANE SHEETS (in millions, except per share dafa) COSTCO WHOLESALE CORPORATION CONSOLIDATED BALANCE SHEETS The accompanying notes are an integral part of these consolidated financial statements. COSTCO WHOLESALE CORPORATION CONSOLIDATED STATEMENTS OF INCOME (amounts in millions, except per share data) The accompanying notes are an integral part of these consolidated financial statements. NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME The accormenying Notes to the Consolliated Financial Statements are an integral part of this statament NIKE, INC. CONSOLIDATED BALANCE SHEETS to the annual reports for each company. Once in the annual report, you will need to find the financial statements. You should be able to find these quite easily by looking at the table of contents. The financial statements normally show up somewhere in the nuddle of the report. 1. Complete a Common Size Analysis for 2022 for each company for the Income Statement and the Balance Sheet. Your final answer should be in a table format with the results of all three companics shown (Starbucks first, Costco next, Nike third). Be sure to attach your computations. Also, provide a brief summary of several things of interest to you for each company. (30 pts) . For the Income Statement, include the following categories iyou will need to exercise a little critical thinking jadgment in some of these categories because the company may be using a different name for the category): - Sales (or Revenues) . Cost of Goods Sold -Gross Profit - Setling Expenses - Administrative Expenses - Todal Operating Expenses . Operating lncome -Net Income - For the Balance Sheet, include the following categories; - Current Assets - Long-Term Assets - Total Asscts - Current Liabilities -Long-Term Liabilities - Total Liabilities - Total Paid In Capital - Retained Earmings -Total Stockholders Equity - Total Liabilities and Stockholders' Equity 2 Compute the following raties for each company for 2022 (same order as used in t1). Be sure to show your work. Present your final answers in a single table (Starbucks first, Costco second, and Nike third). Be sure to attach your work for all computations! Follow these guidelines for rounding: decimals to the nearest 100th (example: 2564=26 ) and percentages to the nearest 10 th of a percent (example; 2564=25.6%). (65 pts) Current Ratio 2022 (same oeder as used in \#1). Be sure to show your work. Present your firal answiers in a single table (Starbucks first, Costce secend, and Nike thind). Be sure to wtach your work for all computations! Follow these guidelines for foundinge decimals to the nearest 100th (example: 2564=26) and pereentages to the nearest 10th of a perceat (ckample; 256425.6%). (65pts) - Current Ratio - Quick Ratio Accounts Receivable Tumover - Days" Sales in receivables Inventery Tumover - Days' sales in inventory - Ratio of Fixed Assets to Long-Term Liabilities - Ratio of Liabilities to Ssockholders' Equity - Times Interest Earned - Asset Turiover - Returm on Total Assets * Reture in Stockholders' Equity Earnings Per Stare - Price-Farrings Ratio (you will need to look up the current stock price for cach company) Trovide a brief summary for cach company of several things you found interesting in the ratio computations. (15 pts) * Afer reviewing and comparing the ratios and the commoth-size numbers, decide on which company you want to invest in and provide a written rationale based on the conpany's comparative measures to the other companies. For your analysis, you must speak to the company' comparative meaxures of liquidity, solvency, profitability, and commonsize analysis and use these as a basis for your decision. You will also need to include some of the numbers you coempoted in your common size and ratio analysis to help support your decision. As a guide, your analysis will not be complete if it is only a paragraph (or even two) ia lenght. Pleave provide adequate depth and detail, expecially if you want consideration for full credit. (40 pts) Remember to submit your work in order of these lieks (Starbecks first, Costce secobd, and Nike third), Starbuck: 2023/af Starbucks-FY22-Annual-Report polRL inks to an extmal site. Costeo: htps: 1520 ofceln com2287523651filceidac finansin k2022 ar Costco-2022-Annsal-Rspot pall. inks to an cxicrmal sits. Nike: htthsilis s athatn com 806493406filesidoc_domnloads 2022395565127 Nikc-inc. NPS Combo Form10K WR ndil. inks to an extermal site. Item 8. Financial Statements and Supplementary Data STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millions, except per share data) See Notes to Consolidated Financial Statements. STARBUCKS CORPORATION CONSOLIDATED BAL ANE SHEETS (in millions, except per share dafa) COSTCO WHOLESALE CORPORATION CONSOLIDATED BALANCE SHEETS The accompanying notes are an integral part of these consolidated financial statements. COSTCO WHOLESALE CORPORATION CONSOLIDATED STATEMENTS OF INCOME (amounts in millions, except per share data) The accompanying notes are an integral part of these consolidated financial statements. NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME The accormenying Notes to the Consolliated Financial Statements are an integral part of this statament NIKE, INC. CONSOLIDATED BALANCE SHEETS

Answer & Explanation Solved by verified expert

See Answer