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Executive Summary Team B ACC 280 January 19, 2012 Julio Medina Abstract The succeeding content of this executive summary provides an analysis on Starbucks’ Corporation profit using the company’s most three most recent annual reports. Team B uses â€Å"the information contained in the company’s balance sheet and income statement noting that annual reporting period and fiscal year mean year-end numbers. Additionally, included is the company history, audit for the company, stock exchange listing, cash and cash equivalents at the end of its 2 most annual reporting periods. Moreover, total current assets, largest current assets, company’s total assets at the end of its 2 most recent annual reporting years. Furthermore, accounts payable,†¦show more content†¦On October 3, 2010 Starbucks reported its cash and cash equivalents of $ XXXX SANDRA INSERT INFOR HERE million and with its October 2, 2011 cash and cash equivalents report of $XXX SANDRA INSERT INFO HERE billion. Current Assets (Sandra insert your info here references on the reference page) Current Liabilities The liabilities for Starbucks have seen an increase in the past two annual reports. In the past two years the accounts payable has increase by almost double each year. In the year 2010 the total of accounts payable was a total of $282.6 million. In the year ending of 2011, the total of accounts payable was a total of $540 million. The total current liabilities at the end of 2010 were a total of $1,779.1billion. The total current liabilities at the end of 2011 were a total of $2,075.8 billion. Starbucks has several current liabilities at hand. The two largest current liabilities are the accrued expenses and other current liabilities. Accrued expenses for year end of 2010 was $836 million where as it was a total of $831.7 million for year end of 2011. The other current liabilities totaled at $660.5 million for year end of 2010 and $704.1 million for the year end of 2011. Gathering information from the balance sheets confirms the total liabilities for the year end o f 2010 at $1,779.1 billion. The total cost of Starbucks liabilities for the year end of 2011 was $2,975.5 billion. Revenues and Income With the largeShow MoreRelatedVideo Gameplay Of Video Games1617 Words   |  7 Pagesof built in games (this is a direct quote from honkiat.com, you are engaging in plagiarism here, whether it is intentional or unintentional). Sega and Nintendo were the most popular consoles in this era. (You MUST cite your sources throughout the paper!) New ideas require new paragraphs†¦ After 19884, the video game industry was crashed (why?). The struggle coming back from a video game crash both Sega and Nintendo developed new consoles (this sentence is unclear). 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