I have attached a document to which questions are needed to be answered in regards to Starbucks Corporation.

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

The statement of changes in stockholders' equity explains the changes in individual equity  balances during the year. If the retained earnings are the only capital account that changed during the fiscal year, a statement of changes in retained earnings is often presented instead.                                                                                 ยท

. Most annual reports show the statement of changes in stockholders' equity as a formal financial statement following the balance sheet and income statement; however, some corporations show the statement of stockholders' equity in the notes of the financial statements.

  1. Record the amounts in the statement of changes in stockholders' equity for the following items:
 Current YearPrevious Year
  Beginning Retained Earnings  $                                      $ , ;_
Dividends (if any)                                                                           
Net Income (Net Loss)                                                                           
Other Items                                                                           

Ending Retained Earnings         $_________         $____________________

  • Cash dividends may be paid to more than one class of stock during the year (for example, to common and preferred stock)? If so, identify the dividend amounts each class of stock received.

Class of Stock                        Current Year Dividends               Previous Year Dividends

Commo Preferre

$                                                        $                                          

$_    ,_                               _         $                                          

Other                             $____________________         $__________________                                       

  • Were there any items other than income or dividends that changed the amount of retained earnings? If so, describe the nature of these items.

Comprehensive Income

Comprehensive income represents the change in equity (net assets) of a corporation during the year from transactions other than those resulting from investments and distributions to owners.  Comprehensive income usually differs from net income as a result of:

  • Changes in the value of certain investments and financial instruments
  • Amounts associated with the recognition of a minimum liability of a pension plan
  • Certain Translation adjustments for foreign currency

Record the items that explain the differences between net income and comprehensive income in the current year. If the corporation does not have any items that make comprehensive income different from net income, enter the same amount for net income and comprehensive income.

Net Income

Items explaining the difference in

net income and comprehensive income:

$                                                         

$-- --,----------

$                                                                         

$                                                                        

Comprehensive income                                                $