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Cash flows are exceedingly higher than Net Income for the past two years.<br />

As mentioned previously, because of the crisis in the economy, Starbucks is closing<br />

many Company-owned stores.<br />

Therefore, the company experienced a<br />

tremendous loss in Property, Plant and<br />

Equipment during this fiscal year.<br />

Starbucks’ primary source of financing comes<br />

from: proceeds from issuance of commercial papers.<br />

Overall, cash has decreased over the past two years.

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