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August 31, September 1. 7.458 12,303 212 179 Retained earnings 2014 2013 Total Costco stockholders' equity 6,283 Noncontrolling interests 10,833 Total equity Total Liabilities and Equity 12,515 11,012 $33,024 $30,283 Source: Costco Wholesale Corporation 2014 10K. 2. Panera Bread operates more than 1,900 bakery-cafs in more than 45 states and LO 2.L Canada. How many of the four tests of the competitive power of a resource does the store network pass? Using your general knowledge of this industry, perform a SWOT analysis. Explain your answers. 3. Review the information in Illustration Capsule 4.1 concerning Boll & Branch's co average costs of producing and selling a king-size sheet set, and compare this with the representative value chain depicted in Figure 4.3. Then answer the following L04 questions: a. Which of the company's costs correspond to the primary value chain activities depicted in Figure 4.3? b. Which of the company's costs correspond to the support activities described in Fioure 4.3? important in securing or maintaining Boll Consolidated Income Corporation, 2013-2014 in Costco Wholesale 2014 2013 $110.212 2428 112,640 98.458 10.899 3.220 $102,870 2.286 105,156 $ 91,948 10.155 3,053 (113) Net sales Membership fees Total revenue Merchandise costs Selling general, and administrative Operating income Other income (expense) Interest expense- Interest income and other, net Income before income taxes Provision for income taxes Net income including noncontrolling interests Net Income attributable to noncontrolling interests Net income Basic earnings per share - Diluted earnings per share 3,197 1.109 2,088 (30) 2,058 4.69 4.65 (99) 97 3.051 990 2,061 (22) 2,039 $ $ $ $ $ 4.68 $ 4.63 Source: Costco Wholesale Corporation 2014 10K Consolidated Balance Sheets for Costco Wholesale Corporation, 2013-2014 On millions, except per share data) August 2014 September 1 2013 Assets Current Assets Cash and cash equivalents Short-term investments Receivables, net - Merchandise inventories - $ 5.738 1,577 1,148 8.456 $ 4,644 1.480 1,026 7,894 continued 1 Concepts and Techno 669 621 55.840 17.588 Deferred income taxes and other current asse Retar Total Nono Total Total $4409 11.556 4472 n Property and o B and improvements and fitures Construction progress 21.022 Source $ 4,716 12.522 4,845 592 22.675 7.845 14,830 606 $33,024 7.141) 13.881 Less an d depreciation and amortization Ne property and equipment 562 $30.283 $7872 and Equity Current e s Accounts payable Acored salaries and benefits Acord member rewards Acored sales and other taxes Deferred membership fees Omer current abilities $ 8.491 2.231 773 442 1.254 2,037 710 382 1.221 14,412 5,093 1.167 1,089 13.257 4.998 Long term debt, excluding current portion Deferred income taxes and other liabilities 1,004 20.509 1,016 $19.271 Comments and Contingencies Preleed to 50 005 per 100.000.000 shares honen hare issued and outstanding Commons 5000 per 900.000.000 shares th , 476.899.000 and 432.350,000 shares b ed and outstanding Action point Accued the comprehensive oss income $ 4,670 $ 4,919 176) (122 continued Type here to search o e o August 31, September 1. 7.458 12,303 212 179 Retained earnings 2014 2013 Total Costco stockholders' equity 6,283 Noncontrolling interests 10,833 Total equity Total Liabilities and Equity 12,515 11,012 $33,024 $30,283 Source: Costco Wholesale Corporation 2014 10K. 2. Panera Bread operates more than 1,900 bakery-cafs in more than 45 states and LO 2.L Canada. How many of the four tests of the competitive power of a resource does the store network pass? Using your general knowledge of this industry, perform a SWOT analysis. Explain your answers. 3. Review the information in Illustration Capsule 4.1 concerning Boll & Branch's co average costs of producing and selling a king-size sheet set, and compare this with the representative value chain depicted in Figure 4.3. Then answer the following L04 questions: a. Which of the company's costs correspond to the primary value chain activities depicted in Figure 4.3? b. Which of the company's costs correspond to the support activities described in Fioure 4.3? important in securing or maintaining Boll Consolidated Income Corporation, 2013-2014 in Costco Wholesale 2014 2013 $110.212 2428 112,640 98.458 10.899 3.220 $102,870 2.286 105,156 $ 91,948 10.155 3,053 (113) Net sales Membership fees Total revenue Merchandise costs Selling general, and administrative Operating income Other income (expense) Interest expense- Interest income and other, net Income before income taxes Provision for income taxes Net income including noncontrolling interests Net Income attributable to noncontrolling interests Net income Basic earnings per share - Diluted earnings per share 3,197 1.109 2,088 (30) 2,058 4.69 4.65 (99) 97 3.051 990 2,061 (22) 2,039 $ $ $ $ $ 4.68 $ 4.63 Source: Costco Wholesale Corporation 2014 10K Consolidated Balance Sheets for Costco Wholesale Corporation, 2013-2014 On millions, except per share data) August 2014 September 1 2013 Assets Current Assets Cash and cash equivalents Short-term investments Receivables, net - Merchandise inventories - $ 5.738 1,577 1,148 8.456 $ 4,644 1.480 1,026 7,894 continued 1 Concepts and Techno 669 621 55.840 17.588 Deferred income taxes and other current asse Retar Total Nono Total Total $4409 11.556 4472 n Property and o B and improvements and fitures Construction progress 21.022 Source $ 4,716 12.522 4,845 592 22.675 7.845 14,830 606 $33,024 7.141) 13.881 Less an d depreciation and amortization Ne property and equipment 562 $30.283 $7872 and Equity Current e s Accounts payable Acored salaries and benefits Acord member rewards Acored sales and other taxes Deferred membership fees Omer current abilities $ 8.491 2.231 773 442 1.254 2,037 710 382 1.221 14,412 5,093 1.167 1,089 13.257 4.998 Long term debt, excluding current portion Deferred income taxes and other liabilities 1,004 20.509 1,016 $19.271 Comments and Contingencies Preleed to 50 005 per 100.000.000 shares honen hare issued and outstanding Commons 5000 per 900.000.000 shares th , 476.899.000 and 432.350,000 shares b ed and outstanding Action point Accued the comprehensive oss income $ 4,670 $ 4,919 176) (122 continued Type here to search o e o