I have a question about Starbucks' statement of cash flows, in each of the past four years, the statement provided by various websites list Starbucks as having an increase in Cash and Equiv., but on the balance sheet it shows a decline in cash from 2004 to 2005, how is this possible? I thought the purpose of the statement of cash flows was to explain the change in this asset? here is a link to Yahoo's finance info on Starbucks : http://finance.yahoo.com/q/bs?s=SBUX&annual
2006-11-26
19:49:58
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3 answers
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asked by
Pete
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in
Investing