Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees and a variety of other complementary items, primarily through company-operated retail stores. The following items were adapted from the annual report of Starbucks Corporation for the period ending September 30, 2001:
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In thousands
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1. Accounts payable
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$ 127,905
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2. Accounts receivable
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90,455
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3. Accrued expenses payable
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244,724
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4. Additions to property, plant, and equipment
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384,215
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5. Checks drawn in excess of bank balance
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61,987
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6. Cost of sales
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1,112,785
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7. General and administrative expenses
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151,416
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8. Income tax expense
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107,712
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9. Net cash provided by operating activities
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460,826
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10. Net sales
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2,648,980
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11. Other income (loss)
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36,443
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12. Other operating expenses
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256,827
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13. Property, plant, and equipment
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1,135,784
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14. Retained earnings (September 30, 2001)
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589,713
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15. Store operating expenses
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875,473
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Using the following notations, indicate on which financial statement you would find each of the above items. (Note: An item may appear on more than one statement.)
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IS
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Income statement
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BS
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Balance sheet
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RE
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Retained earnings statement
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SCF
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Statement of cash flows
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