Company: Starbucks
Data to be used:
https://www.nasdaq.com/symbol/sbux/financials?query=ratios
What is needed?
The appendix containing a list and calculations of the ratios. A list of the calculations shown with formulas and the resulting answer.
On the Nasdaq link we have 3 key ratio indicators which need to be there: Current ratio, cash ratio, quick ratio. Only that is required along with other data in the appendix.
I have tried quick ratio as below. Not sure how do I put everything in the appendix
Quick Ratio formula used
2013 = 3,233.8 (total cash and short term investments) + 561.4 (accounts receivable)
Divided by
/ 5,377.3 (2013 current liabilities)
= .705 (.71)
2014 = 1,843.8 (total cash and short term investments) + 631 (accounts receivable)
Divided by:
3038.7 (2014 current liabilities)
= .814 (.81)