ACC345 Financial Statement Analysis
Discussion homework: Nonrecurring items
Review the financial statements of Starbucks Corp. for unusual or nonrecurring items.Was there a write-off of a segment of the business or a reduction in workforce that was charged as a nonrecurring item? Were there any other items that management claims are nonrecurring? What reasons might management have for making the decision on a large write-off charged in the current period?
Please include reference.