The first page contains a statement showing the revenues and expenses for the year. What is this statement called?
. What was Starbucks’ total net revenue for the year?
. Based on your understanding of Chapter 2 “What Should Decision-makers Know So That Good Decisions Can Be Made
about an Organization?”, can you say that this revenue number reported is the exact revenue earned by Starbucks in 2007? If
not, what can you say about this revenue number?
List two expenses reported by Starbucks.
The statement on the next page reports Starbucks’ assets and liabilities. What is this statement called?