1. Find the discussion of depreciation methods in the notes section in your 10-K. What methods are used? Discuss why that method/those methods were selected by your company, and whether or not you agree with those selections.
2. The Balance Sheet just has one line for net property, plant, and equipment. Find the detail behind this number in the notes section. What assets are included in this number? Which of these assets is the largest? Does it surprise you, or does it seem consistent with what this company does? How much is accumulated depreciation at the recent year-end? How much is your accumulated depreciation as a percent of gross property, plant, and equipment? Is that percentage high or low, good or bad.
2. Does this company have any unearned revenue? If so, on what financial statement did you find it? What did the Notes or Accounting Policies sections tell you about it? Were you able to ascertain at what point the unearned (deferred) revenue turns into revenue?
3. Take a look at the financial statements. What is your opinion on how Starbucks is performing? Are they doing better this year than last year? Is there anything surprising to you in their financial statements?