Question

Research further into the following companies using the school research databases, such as Hoovers database, or the company’s own website.

Yum! Brands, Inc.

Panera Bread

Starbucks

Using the current year, locate each company’s total assets, total liabilities, and owner’s equity.

Identify each company’s inventory method.

Write your findings, clearly identifying each of the required numbers.

Answer 1

yum brands inc as of March 2017

Total assets; 5.31 billion

total liability; 11.65 billion

owners equity; (6.33 billion)

the inventory method used by the company is lower of cost or market value.

panera bread as of March 2017

Total assets; 1299 million

Total liability; 1014 million

total equity; 285 million

It uses days inventory method; Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Total Inventories can be measured by Days Sales of Inventory (DSI)

starbucks as of March 2017

Total assets; 14365600000

Total liability; 8908600000

total equity; 5457000000

The inventory method used by the company is lower of cost or market value