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Each of you should access the annual report (or Form 10-K filed with the SEC) for one publicly traded company with company-owned, retail locations. In

Each of you should access the annual report (or Form 10-K filed with the SEC) for one publicly traded company with company-owned, retail locations. In addition to the company's own website, a great source is the SEC's Electronic Data Gathering, Analysis, and Retrieval (EDGAR) service. This free source is available by going to the "Filings" section of SECLinks to an external site. and clicking on "Company Filings Search" and then entering the "Company name." Then look for the "10-K" reports needed.

Answer all of the following questions about your company based on the 2019 Annual 10-K.

  1. What is the reporting date for the 10-K? What is the Is the company on a calendar year of fiscal year?

2. How many company-owned locations plan to open during its 2020 fiscal year? By what percentage would these new locations increase the size company-owned stores?

3. How much cash did the company spend on investing activities during its most recent 2017, 2018 and 2019 fiscal years? 4. Do you think the amount spent on investing activities represents the full costs that the company incurred to open new locations? Explain your answer.

4. Where did the company get the cash to make these investments? Do you think the pandemic change their plans?

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