mlo-starbucks
mlo-starbucks
mlo-starbucks
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The format used in Starbucks’ official Annual Report is a<br />
multistep format.<br />
Income Statement Information 2008 2007<br />
(in millions)<br />
Gross Margin 5,737.70 5,412.40<br />
Income from Operating Expenses 503.9 1,053.9<br />
Net Income 315.5 672.6<br />
Since the economy is having troubles, the Gross Margin was<br />
the only increase in 2008 (according to this table). Net Income<br />
and Operating Expenses were larger in 2007.