Based on the information in Starbucks Corporation's annual report, answer the following questions:

1. What amount of current liabilities does Starbucks report on its balance sheet at the end of the most recent year? What types of current liabilities does Starbucks report?

2. Have current liabilities increased or decreased from the prior year? By what amount?

3. Does Starbucks disclose any contingent liabilities in the notes to the financial statements? If so, briefly describe the nature of these contingent liabilities.

4. How much of Starbucks Corporation's long-term debt will come due in the coming year?

Current liabilities, possible increases or decreases, contingent liabilities, and long-term debt due in the coming year should all be listed in Starbucks Corporation's annual report.

Explanation:

Without specific access to Starbucks Corporation's latest annual report, an exact response is difficult. However, I can explain how you might find this information yourself. Current liabilities are usually listed under the liabilities section on the balance sheet. They may include aspects like accounts payable, accrued liabilities, and any short-term debt. Comparing the amount of current liabilities from the present year to the prior year can indicate whether they've increased or decreased. Long-term debt due in the coming year can typically be found in the current liabilities section of the balance sheet as the 'current portion of long-term debt'.

Learn more about Starbucks Corporation's annual report here:

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