10-K Reports for Bed Bath and Beyond, Pier 1 Imports: Analysis and Summary

Provide the URL address of each of 10-K reports at the SEC EDGAR website and give the state the company is incorporated in for each of the companies.

2.  Summarize the company’s business operations as discussed in the beginning of the company’s 10-K in Item 1 for each company.  Provide the page number(s) for each of the 10-Ks you are using to support your response.  

3.  What are the total assets, the total liabilities, and the total equity using the audited financial statements for the fiscal year ended March 2, 2019 for Bed Bath & Beyond Inc.  and Pier 1 Imports Inc. available in Item 8?  You may have to back into amount using the accounting equation.

4.  What are the net sales, cost of sales, and net income of the two companies using the audited financial statements available in Item 8 in the table of contents for Bed Bath & Beyond and Pier 1 Imports? 

5.  Compute the average assets, return on assets (answer should be shown in percentage terms), and the components of the return on assets (profit margin-should be shown in percentage terms and asset turnover-not shown in percentage terms) for the most recent year.

6.  Analyze the Consolidated Statements of Cash Flows for each company for the most recent year, by answering the following questions by entering the information into the table.

a. What was the dollar amount of the companies’ cash flow from operations?  

b. Is operating cash flows smaller or larger than net income?

c. What are the two greatest adjustments made to net income to determine operating cash flows?  You should provide 2 separate line items for each company.

d. Determine the dollar amount and direction (cash source-positive or use-negative) of cash flows from investing activities.

e. Determine the dollar amount and direction (cash source-positive or use-negative) of cash flows from financing activities.  

f. Did the company purchase new property and equipment (“capital expenditures”) during the year using cash?  Which section of the statements of cash flows did you find this information and how much did they buy using cash?

g. Did the company reduce any long-term debt or senior notes using cash?  Which section of the statements of cash flows did you find this information and how much did they pay cash?

h. Did the company purchase any of their stock using cash?  Which section of the statements of cash flows did you find this information and how much stock did they repurchase?

i. Did the company pay dividends?  Which section of the statements of cash flows did you find this information and how much did they pay in dividends?

8.  Access the D&B Hoovers Business Browser database in the Bellevue University Online Library databases to review the SWOT Analysis for Bed Bath and Beyond (BBBY).  Access the Business Source Complete database in the Bellevue University Online Library databases to review the SWOT Analysis for Pier One Imports (PIR).