Acc/230 Week 1 Checkpoint

Since I have lived near Seattle for the majority of my life, I chose to conduct at Starbucks Corp as my comp some(prenominal). Starbucks Global increased 8 sh ar from 2010 to 2011. It had the best year ever with revenues reaching $11.7 billion. mingled with 2009 and 2010, Starbucks barter growth increased 7 percent. There was a deuce year reducing with a decline of -6 percent for the 2009 pecuniary year. Prior to that, there was a 3 percent decrease in the 2008 year. Financial statements are a cross-file of fiscal activities in a seam. These were designed so that the run-of-the-mill individual could read and be capable to hear what the financial mail service was for the company. There are several strengths and weaknesses for financial statements, as with any document used to give a freshet of learning.

about 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 destructive for the company; it shares a lot of personal information regarding the lead of the business and how it is doing; some information may not be understandable to everyone reading , or it may be unwieldy to comprehend.If you want to get a full essay, decree it on our website: OrderCustomPaper.com
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