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1) What are the four main financial statements? What checks are there on the accuracy of these statements? 2
1) What are the four main financial statements? What checks are there on the accuracy of these statements?
2. Who reads financial statements? List at least three different categories of people. For each category, provide an example of the type of information they might be interested in and discuss why.
3. Find the most recent financial statements for Starbucks Corporation (SBUX) using the following sources:
a. From the company’s Web site www.starbucks.com (Hint: Search for “investor relations.”)
b. From the SEC Web site www.sec.gov. (Hint: Search for company filings in the EDGAR database.)
c. From the Yahoo! Finance Web site http://finance.yahoo.com.
d. From at least one other source. (Hint: Enter “SBUX 10K” at www.google.com.)
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