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Topics: Balance sheet, Starbucks, Generally Accepted Accounting Principles Pages: 4 (1147 words) Published: October 16, 2014
Starbucks Executive Summary

Starbucks Executive Summary

This summary will provide the history of how Starbucks came about, how it was founded, by whom, who is the audit company, and what stock exchange Starbucks is listed on. The summary will also provide information about Starbucks financial information over the past three annual reporting periods. These annual reports will show steady growth in the assets, along with steady growth in the liabilities of the company.

The very first Starbucks was located at 2000 Western Ave. It was there from 1971-1976 until it was relocated to Pike Place and still currently stands there today. When the company first started the coffee beans were purchased from Peet’s but eventually, the owners started buying them directly from the growers.

Starbucks prides themselve’s on having a strong coffee bean. In order to achieve that goal they go to the end of the world to find the beans themselves. Howard Shultz had to travel all the way to Italy in order to find out about the popularity of espresso and espresso bars.

NASDAQ is the stock exchange that Starbucks trades. NASDAQ's ticker symbol is SBUX. Stock prices in the last 52 weeks range between $31.17 and $49.36. Prices have steadily dipped in the last two years.

Starbucks Net Income went from $390,800 in 2009 to $945,600 in 2010 which showed a growth of $554,800.

Starbucks Executive Summary

This summary will provide the history of how Starbucks came about, how it was founded, by whom, who is the audit company, and what stock exchange Starbucks is listed on. The summary will also provide information about Starbucks financial information over the past three annual reporting periods. These annual reports will show steady growth in the assets, along with steady growth in the liabilities of the company.

Starbucks Corporation was started in Seattle, Washington back in 1971. The three founding partners consist of, Jerry Baldwin who was formally an English...
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