Obtain Starbucks’s most recent annual report and their 2017 annual report from the investor relations portions of their website.  Answer the following questions:
Compare the following balance sheet assets, and discuss how they have trended from 2017 to present. Please also discuss your thoughts as to the reason for the trend.
Current assets
Property, plant and equipment
Intangible assets
Other long-term assets
How has Starbucks’s liquidity trended from 2017 to present? Do you think they are more or less liquid now?
Please discuss how Starbucks’s net revenues, operating income, and net earnings have trended since 2017. 
Please discuss your thoughts as to the reason for these trends.
Please discuss what time value of money computations you would expect Starbucks to utilize in their financial statements and disclosures.

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