I Just Want to Register

In: Miscellaneous

Submitted By kasha
Words 5621
Pages 23
What Went Wrong with Starbucks? Financial Analysis and Business Evaluation Case Study
By Julia S. Kwok* Elizabeth C. Rabe Northeastern State University

* Corresponding author: Department of Accounting and Finance, College of Business and Technology, Northeastern State University, Broken Arrow, OK 74014; Email: kwok@nsuok.edu; Phone: 918-449-6516.

What Went Wrong with Starbucks? Financial Statement Analysis
Abstract After decades of grande growth based on the Starbucks experience, Starbucks Coffee Company experienced continuous drop of stock price since the beginning of 2007. Upon first glance of their financial statements, there was 20% increase in revenues and 9% increase in net income last year. Such growth could be counter intuitive to the drop of market value. This case encourages a more in depth examination of how the financing of the expansion impacted financial ratios. Further assessment should evaluate the impact of expansion on the company‘s free cash flows and return of the capital investment. Students would need to evaluate the relative contribution of factors leading to the drop of the stock price. The case provided detailed information that would allow students to investigate the impact of the economic and business conditions, the competition and Starbuck‘s business strategies on their financial performance. The students were advised to consider what changes to Starbuck‘s strategies could increase the economic value added of the expansion and help to reverse their road to failure. This case illustrates the importance of analysis of free cash flows and return on capital when making capital budgeting decisions.

Keywords: financial statement analysis, ratio analysis, common size statement, Du Pont analysis, free cash flows, expansion, economic value added JEL classifications: L25, G31, M41, F23, L22

Starbucks Coffee Company

Why went wrong…...

Similar Documents

I Just Want to Join the Site

...nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want to join the site and for that i need to upload something This is nothing I just want......

Words: 558 - Pages: 3

I Just Want to Join !!!

...trust and increase the frequency of tracing. Truthful or untruthful delivery. After an agreement has been reached, it comes to delivery. If the quality of the commodity is invisible at first sight, the supplier can be opportunistic and try to deliver a lower quality product than agreed upon, thus making an extra profit. An uncertainty tolerant trader may be tempted to do so, calculating the risk of being exposed as a deceiver and the damage that would do to his reputation and future trading opportunities. An uncertainty avoiding trader may have a lot of rules and contracts that forbid defecting, but that does not mean that he will follow the rules. Depending on the other dimensions of culture, traders from uncertainty avoiding cultures may just as easily or even more defect than uncertainty tolerant, especially when dealing with out-group partners. Trust or distrust. An uncertainty avoiding trader does not expect the rules to be broken and will trust, unless he is dealing with a stranger. A new partner will be distrusted until sufficient evidence for the contrary has been found. In uncertainty tolerant societies, the other dimensions of culture determine the level of trust. The rules and contracts do not have a value per se for the uncertainty tolerant. Partner selection. In both uncertainty avoiding and uncertainty tolerant societies, traders prefer to deal with familiar relations, because that brings the experience gathered in previous transactions to value. However, in......

Words: 6864 - Pages: 28

I Just Want You

...I Just Want You (Planet Shakers) Key: E INTRO: || A B | C#m | X3 | F# | A || VERSE 1 E A MORE THAN A NICE MELODY F#m B MORE THAN THE SWEETEST OF WORDS E A THIS IS THE LOVE I HAVE FOUND F#m B AND WITH THIS LOVE I AM FOUND CHORUS A B C#m I JUST WANT YOU JE-SUS A B C#m I JUST WANT YOU MY LORD A B C#m I JUST WANT YOU JE-SUS F# A I JUST WANT YOU VERSE 2 NEVER COULD I COMPREHEND THE LOVE YOU SO FREELY GIVE NEVER COULD I BE WORTHY BUT YOUR LOVE COVERS ALL OF MY SIN BRIDGE C#m B/D# E THERE IS NO GREATER LOVE THAN YOURS F#m C#m B NOTHING ELSE COULD EVER COMPARE C#m B/D# E AND EVEN IF I SEARCH ALL THE WORLD F#m C#m B I WILL NEVER FIND A LOVE LIKE YOURS (GOD) C#m B/D# E THERE IS NO GREATER LOVE THAN YOURS F#m C#m B NOTHING ELSE COULD EVER......

Words: 506 - Pages: 3

I Want in

...This is a test. I am trying to get some help with some of my work. I started school late and now I have been playing catch up. I came across this website and it seemed that I could use this website as a helping point in which I can look and refer to what ever I was doing at that time. Now, being that I have seen some of the articles that has graced your website, I would like to become a member because this seems like a good point of reference for me. So, in order to use the full capabilities of this website, I need to download a document. Now, at this present time, I have no documents to upload. So I will upload this so I can become a member and be able to utilize this website as my personal reference when I need it. In the near future, I plan to upload some of my work in order to satisfy this upload trial that I am being forced to upload just to become a member. So far, this website has helped me out greatly and I am hoping that once this group of words will be sufficient enough to allow me access to this site. Like I said earlier, this site will only be used as a reference due to some of the essays and assignments were done by students that were doing it before me. For all I know, their info may be wrong. That’s why I trust no work other than my own. Like I said before, this site will only be used as my reference. Thank you ....

Words: 276 - Pages: 2

I Just Want to Join

...that it only works with high market share and this is not the only meter for success. Also there are many situations in business where the Dogs can out earn the Cash Cows. The BCG grid may provide a the basis for a business development strategy for large business but what about the small business? It is possible to have a high market share and not have increased profits, or have a low market share and still be profitable. BCG Analysis is a great stepping stone for market research and has great possibilities, but for today's companies it may need to be tweaked just a little. This business model is a pretty decent model and if used in the right situation it can help a business to increase and monitor its market share and growth. All business big or small should have some type of a business plan or model that they can base their business products on and by keeping an eye on the market and watching what consumers want they can increase their profit. A simple BCG Matrix diagram or template can be used to plan your Growth Market Share strategy and many samples can be found on the web. If you prefer you may use BCG Matrix software. http://www.valuebasedmanagement.net/methods_bcgmatrix.html...

Words: 337 - Pages: 2

I Just Want to Read a Paper

...I just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paperI just want to read a paper...

Words: 289 - Pages: 2

Sweg I Just Want a Free Essay

...Sweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a free essaySweg I just want a......

Words: 1544 - Pages: 7

I Just Want to Join and See What This Is About

...Opportunities 10 Organizational Threats 10 Leadership Evaluation 11 Leadership Strengths 11 Leadership Weaknesses 13 Recommendations for Leadership Development 14 Organization Overview Organizational overview provides a framework of the organization. It would ideally be a catalogue all necessary information that would help an external party to assess the organizational fit in a better way and understand whether he/she is in total sync with the organizational goals and the other beneficiaries. The organizational overview addresses the following: * The mission and the history * The stakeholders * The goals and the programs * The budget * The outcomes and the achievements * The sponsors or the funders. I have chosen Salesforce.com as the organization for my analysis and believe that the description provided would help in giving a better understanding of the organization for any third party considering a position with the organization. This organization was developed about fifteen years ago with the objective of bringing together better and reinvented customer relationship management services (CRM) using the mechanism of cloud computing. They have revolutionized the process of CRM, and the way they have incorporated the entire system in cloud computing led to the foundation of a path breaking philanthropic model for them to follow. It eventually went on to become the leading enterprise in cloud ecosystems. With this system, industries......

Words: 284 - Pages: 2

I Just Want in

...they see is violence and hatred. There is great saying “Don’t be so quick to judge if you’re not so quick to teach and by doing that you yourself might learn something.” Corporal punishment can lead to depression and cause children to commit suicide or to bully other children to relieve some of the pain are holding themselves not realizing their just continuing the vicious circle of violence. Beside the Mental aspect, the physical can be much worst it can cause injuries and death. It is true many people don’t know what is happening when they hit ta child and forget their own strength and kill a child. They are some many different ways to discipline your child other than physical or verbal means. People see it as just word but for a young and developing child it can cause them to do thing to them self or other people to express how those hurtful words make them feel. There is great saying “anything living thing is has the potential to do great things but if you judge a fish by its ability to climb it will feel stupid it entire life”, hence we should try and help find out the problem of that child in particular is misbehaving instead of just instead adding to his or her problems. So in conclusion banning corporal punishment was and still a good idea for children and teachers it gives them both critical thinking and shows children that there is a way to solve problems without violence...

Words: 376 - Pages: 2

Why . I Just Want to See One

...O k a y a s j f I e f j I e e f f f f f f f f f f f f f f f f f s f s s f s f sf s s f s f e g r g gt t t tgt h iu huh u h hu h u h u hu h h uh u h hhh h h h h h h h h h h h h h hh h h h h h h u u u u u u fr uf rur ru grg rg nu u u u u u u I I I I I I I I o o o o oo o o j o jj j j j jo jj j j j j j jj j j j jj jj j j j j j I I I I I I I I I I I I I I I I I ii I I I I I I I I I I I I I I I I I I I I ii I I I I I I I I I I I I I I ij j j j jjj j j k k k k k k k kk k k k k k k k k k k k k k k k k k k k k k k k k m m m m m m m m m m m m m m m m m m m m m m m m m m m...

Words: 267 - Pages: 2

I Just Want to Read Another Essay

...I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays. I had to upload a file to read other essays....

Words: 311 - Pages: 2

I Just Want to Join

...Module 1 Lab Report For this module, I have chosen the movie Taken to analyze. In it, Bryan Mills’ teenage daughter, Kim, travels to Paris with a friend to follow a band on tour. Shortly after arriving, the two share a taxi with a stranger who works in a human trafficking ring. The two are profiled and abducted soon after, but Kim is on the phone with her father at the time of the abduction. Using very limited clues and training as an ex-CIA operative, he tracks down these men all over Europe and rescues his daughter. This modern-day myth shares a very powerful cultural truth-value that we can see in ancient myths such as The Iliad and The Odyssey. The characters in these stories are driven by a strong love for somebody else and will do anything for those they love. This is true in society today, as we would do anything for those we love. In Taken, we only see this portrayed in one character. In these other myths, however, we see a multitude of heroes perform grand acts for those they love. In The Iliad, Menelaus brings together the Achaean armies to attack and conquer the mighty city of Troy for one reason: Love. His beloved wife, Helen, had been taken away by Paris of Troy to be his wife. In an effort to save his wife, he traveled across dangerous land and oceans to Troy where the Greeks fought in a war for 10 years. If not for love, a 10 year war because of a single man’s desire would seem absolutely absurd. However, we all can sympathize with Menelaus because we......

Words: 768 - Pages: 4

I Just Want to Join

... | | |      |      |      |      |      | Yes No | Approve | Yes | | | | | | | |Deny |No | |      |      |      |      |      | Yes No | Approve | Yes | | | | | | | |Deny |No | |If services are not medically necessary, or if the PCP wants to examine the member to determine medical necessity, the AHCCCS Contractor will deny the services | |and send a Notice of Action (NOA) letter to the member’s parents/guardians and the AzEIP Service Coordinator. | To be completed by the AHCCCS Contractor: |The AHCCCS Contractor must document what is approved: provider, frequency, duration and service begin date and service end date. | | If the Service Provider is unknown, the AHCCCS Contractor will identify a Service Provider below for: PT OT SLP | |If the requested Service Provider is not approved by the Contractor, the AHCCCS Contractor will identify......

Words: 777 - Pages: 4

I Want.............

...in a recent interview with Bloomberg. A $1 trillion loss in housing will certainly be difficult to make up elsewhere. And the U.S. isn't the only country that will suffer as a result. According to housing author Henry C K Liu, the effect will be global. 'Since the money financing this housing bubble is sourced globally, a bursting of the US housing bubble will have dire consequences globally,' said LiuLiu's comment is far from an exaggeration. It is estimated that 50 percent of the 'securitized' mortgage debt within the U.S.-the debt that helped to finance this housing bubble-is now owned by foreign investors. A Coming Recession The current housing bubble is not as unique as one might think. It happened nearly two decades ago in Japan. Just as they did in the U.S., home prices in Japan doubled nationally in ten years and tripled in large cities like Tokyo. And then they began to fall.When the bubble burst in Japan, it forced the country into a lengthy recession. The main reason Japan was not able to pull out quickly was because the Japanese government did not act quickly during the boom years, Japanese banks made money hand over fist. Unfortunately, most of the money they made was a direct result of bad loans. (Sound familiar?)The kicker is that the Japanese government knew what was going on, but rather than call the banks on their bad loan practices, they played a waiting game, hoping the banks would somehow be able to work things out and replace the losses caused by the......

Words: 3460 - Pages: 14

I Just Want to Have Fun and Need Someone to Love Me

...teen has sex for their former time. Seventy out of hundreds of these students say they were meaningful towards the social pressured into having sex. If citizen has the power towards pressuring teens towards possess sex, citizen ought to consume that power towards educate teems approximately the perilous conditions of premarital sex. Sex ahead of marriage has also been one of the extreme causes of teen pregnancy. Teens often consult that pregnancy just cannot happen towards them, yet teen pregnancy grows each year, and shows none stop. Carelessness is the significant component within teen pregnancy, whether the carelessness is within contraceptive consume, or choosing of a partner. Teens just consume contrary forms of contraceptives and birth control incorrectly. Teens, within most cases, do not possess the maturity towards choose a life guy at their age, and choose wrong, final scene up within wrong influences for example an unintended pregnancy. Many of unintended pregnancies happen because of the lack of knowledge. Some sons just do not appreciate either how easy it is towards become pregnant, or how towards correctly consume birth control. Some else teens actually believe they are within relish and actually plan towards possess a baby, but do not possess knowledge of the finance involved. Thirty out of hundreds of unintended pregnancies within America incorporate teen parents. Premarital sex earns teen pregnancy a growing concern for everybody, especial parents. Lastly,...

Words: 803 - Pages: 4

Más detalles | Eps1 A Fantastic Fear of Everything Episode 1 | Kingdoms Of Amalur: Reckoning