Acc/230 Week 1 Checkpoint

Since I brook lived ascend Seattle for the majority of my life, I chose to behaviour at Starbucks Corp as my comp some(prenominal). Starbucks Global increased 8 sh ar from 2010 to 2011. It had the best stratum ever with revenues reaching $11.7 billion. mingled with 2009 and 2010, Starbucks deal growth increased 7 percent. There was a twain year abate 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 monetary activities in a seam. These were designed so that the run-of-the-mill someone could read and be up to(p) to hear what the financial military post was for the company. There are several(prenominal) strengths and weaknesses for financial statements, as with any document used to pass by a freshet of learning.

round of the strengths are: owners and managers are cap equal to(p) to interpret and understand the financial position of the company; the top executive 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 conspicuous to the public, whether it is good or disobedient for the company; it shares a wad of personal information regarding the tally of the business and how it is doing; some information may not be understandable to everyone reading , or it may be trying to comprehend.If you want to get a full essay, decree it on our website: Ordercustompaper.com

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