Acc/230 Week 1 Checkpoint

Since I have lived near Seattle for the majority of my life, I chose to behavior at Starbucks Corp as my company. Starbucks Global increased 8 share from 2010 to 2011. It had the best year ever with revenues reaching $11.7 billion. mingled with 2009 and 2010, Starbucks sale growth increased 7 percent. There was a two year decrease with a decline of -6 percent for the 2009 fiscal year. Prior to that, there was a 3 percent decrease in the 2008 year.
Financial statements are a cross-file of financial activities in a seam. These were designed so that the run-of-the-mill person could read and be able to hear what the financial situation was for the company. There are several strengths and weaknesses for financial statements, as with any document used to give a freshet of learning.



Some of the strengths are: owners and managers are able to interpret and understand the financial position of the company; the ability for individuals to evaluate the business from a historical stand point; the ability for owners and managers to be able to make decisions for the companys future found on what the current health and trends have been. Three weaknesses of financial statements are: that the financial position is visible to the public, whether it is good or bad for the company; it shares a lot of personal information regarding the running of the business and how it is doing; some information may not be understandable to everyone reading , or it may be difficult to comprehend.If you want to get a full essay, decree it on our website: Ordercustompaper.com



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