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What is stored value card liability

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Question - If someone could help me answer these questions, that would be amazing. This information is within the 2019 Annual Report for Starbucks. Most of it is within the notes of the annual report, but they are kind of hard to find when I was looking. This is a huge help. Thanks!

You will be using Starbucks 2019 Annual Report for these questions:

What is stored value card liability and current portion of deferred revenue? Explain each and indicate how these are related to the concept of Revenue Recognition.

Why is some of deferred revenue reported as current while much is reported as long-term? Explain.

What types of Long-term Debt does Starbucks have, what range of interest rates is being paid by Starbucks, and what range of maturity dates is disclosed for Long-Term Debt.

What are Deferred Taxes and why would Starbucks show Deferred Income Taxes as both an asset and a liability? Explain.

Does Starbucks engage in Treasury Stock transactions (referred to as a stock repurchase program)? If so, how much Common Stock did it repurchase in 2017, 2018, and 2019? Where does Starbucks show this in its financial statements? Why do you think Starbucks is repurchasing its stock?

Reference no: EM132493266

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