Module 1 SM
Jan 01, 2017 · In its September 2008 annual report, Starbucks reports the following figures (in $ millions): Assets = Liabilities + Equity $ 5,672.6 = $ 3,181.7 + $ 2,490.9 As shown, the accounting equation holds for Starbucks. Also, we can see that Starbucks’ nonowner financing is 56.1% ($3,181.7 / $5,672.6) of its total financing. M1-23A (20 minutes) DuPont ................
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