Access the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Seven. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions: Are the assets included under the company’s current assets listed in the proper order? Explain your answer. Explain how the company’s assets classified? Answer in your own words the definition of cash equivalents? What are the company’s total current liabilities at the end of its most recent annual reporting period? What are the company’s total current liabilities at the end of the previous annual reporting period? Considering all the information you have gathered, explain, in at least 500 words, why might this information be important to potential creditors, investors, and employees? In 2013 Starbucks had to pay out a large sum of money. Identify how much Starbucks had to pay out. Explain why Starbucks had to pay out this sum. Identify which statement showed the payout for this large sum. Last, in your opinion, how does this large payout impact the overall health of Starbucks. Would you still invest in Starbucks? Ensure you use the template I have provided for you to complete this final assignment.
Your written responses require in-text citations (no need for citations for just numbers). You must use in-text citations to show from whom you borrowed the answers; however, I expect your answers to be in your own words. Also, you need to have references on a reference page for those in-text citations.