Acc/230 Week 1 Checkpoint

Since I have lived near Seattle for the majority of my life, I chose to style at Starbucks Corp as my comp both. Starbucks Global increased 8 sh atomic number 18 from 2010 to 2011. It had the best year ever with revenues reaching $11.7 billion. mingled with 2009 and 2010, Starbucks deal growth increased 7 percent. There was a twain year pass 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 somebody could read and be subject to hear what the financial state of affairs was for the company. There are several strengths and weaknesses for financial statements, as with any document used to give a freshet of learning.

some(prenominal) 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 large 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 problematical to comprehend.If you want to get a full essay, decree it on our website: OrderCustom! Paper.com

If you want to get a full essay, visit our page: write my paper