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Its not a tax question for so a help understanding a balance…

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Its not a tax...

Its not a tax question for so a help understanding a balance sheet

Tutor's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

Okay how do i calculate weighted average common shares outstanding for example starbucks

Tutor's Assistant: Is there anything else important you think the Accountant should know?

I dont understand how to read starbucks for examples balance sheet and i need to figure out its weighted average of common shares outstanding

Submitted: 3 months ago.Category: Single Problem
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3/23/2018
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago
Manal Elkhoshkhany
Manal Elkhoshkhany, Bachelor's Degree
Category: Single Problem
Satisfied Customers: 9,993
Experience: Finished my BA degree with a GPA of 4.0.
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Hello,

I can help, but please advise which year do you want to calculate the weighted average common shares outstanding for? Can you please post the instructions exactly as they are prvided by your instructor?

Thank you

P.S. When you respond, please advise your deadline

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Customer reply replied 3 months ago
the assignments not due until Monday March 26th. I'm having trouble calculating starbucks basic eps for year end 2017 and also their return on common shareholders equity. I've attached my project assignment sheet
Customer reply replied 3 months ago
this is what i have so far
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

Hello again,

Unfortunately I cannot accept the phone cal request now, but if you check the following link, you will see the weighted average common shares outstanding. Please check it out and tell me if it answer your question or do you want me to explain to you how to calculate the "Weighted Average Common Stock Shares Outstanding"

http://d18rn0p25nwr6d.cloudfront.net/CIK-0000829224/f8c7bf9b-da8f-4ebd-bd2b-55f4abaa08fe.pdf

Thank you

P.S. If you need further explanation please do not hesitate to ask; if all is clear, please rate my services

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Customer reply replied 3 months ago
both how to calculate and to calculate. and which page is it on?
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

Ok :) P.46 and allow me just a couple of minutes and I will explain to you how to calculate it

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Customer reply replied 3 months ago
okay, thank you
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

You are most welcome :)

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Customer reply replied 3 months ago
how long until you can help me calculate it?
and will i be charged for the phone call?
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

no you will not be charged for the phone call. I am not sure if you can cancel the request, but you will not be charged for it unless an expert accepts the call.

I am typing an explanation for you

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Customer reply replied 3 months ago
okay, thank you, ***** ***** more patient
Customer reply replied 3 months ago
i think i asked you the wrong question
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

I am not sure what you mean. Please clarify

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Customer reply replied 3 months ago
i didn't need it calculated, i justed needed to find it to calculate basic EPS. but im not sure what basic and diluted weighted average means.
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

Please click on the following link to download a document explaining how to calculate the weighted average shares outstanding:

https://app.box.com/s/liwq5hfxxpqmae7chs3yj3d5iuhcygl5

Thank you

Use the "Basic weighted average". This includes only common stock while the "Diluted" number of shares take into account "ALL other types of convertible securities" (such as convertible bonds)

Does that clarify it?

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Customer reply replied 3 months ago
okay now where can i find there quarterly common shareholders equity?
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

Please note that the assignment is about annual data and I have answered that, but I am helping other students now so I cannot work more on this question. But in any case, you can go to starbicks website and you will find everything about the company. Here is a link to quarterly data.

For 2018:

https://investor.starbucks.com/financial-data/sec-filings/default.aspx

For 2017:

https://investor.starbucks.com/financial-data/sec-filings/default.aspx

Regards,

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