UseYahoo! Finance(Links to an external site.)or theEDGAR | Company Filings(Links to an external site.)database to download the last 10Q from Starbucks into excel. Use the downloaded data to complete the Income Statement and Balance Sheet on the appropriate tabs in the Financial Forecasting Template. Assume the following:
Calculate the expenses to determine what will change and what will remain the same.
Note:Not all costs are associated with the cost of sales. It will be up to you to determine which line items need to be increased and which ones need to be left alone. This will require you to distinguish between fixed and variable costs. Within each line item expense explain your rationale, as well as provide a brief summary.
Then, calculate a quarterly variance analysis using the Variance Analysis tab of the Financial Forecasting Template (the same template you used for Part 1). Complete the following in your variance analysis:
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here