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Help with question 2 and 3(a,b.c)

Table of Contents BED BATH & BEYOND INC. AND SUBSIDIARIES Consolidated Statements of Operations (in thousands, except per share data) Twelve Months Ended February 27, February 29, 2021 2020 March 2, 2019 S 9,233,028 $ 11,158,580 S 12,028,797 Net sales Cost of sales 6,114,947 7,616,920 7,924,817 Gross profit 3,118,081 3,541,660 4,103,980 Selling, general and administrative expenses 3,224,363 3,732,498 3,681,210 127,341 509,226 509,905 Goodwill and other impairments Restructuring and transformation initiative expenses Loss on sale of businesses, including impairment of assets held for sale 102,202 1,062 Operating loss (336,887) (700,064) (87,135) Interest expense, net 76,913 64,789 69,474 Gain on extinguishment of debt (77,038) Loss before benefit from income taxes (336,762) (764,853) (156,609) Benefit from income taxes (185,989) (151,037) (19,385) Net loss $ (150,773) $ (613,816) S (137,224) Net loss per share - Basic Net loss per share - Diluted $ $ (1.24) S (1.24) $ (4.94) S (4.94) S (1.02) (1.02) Weighted average shares outstanding - Basic Weighted average shares outstanding - Diluted 121,446 121,446 124,352 124,352 134,292 134,292 Dividends declared per share $ 0.68 $ 0.64 See accompanying Notes to Consolidated Financial Statements. Table of Contents BED BATH & BEYOND INC. AND SUBSIDIARIES Consolidated Balance Sheets (in thousands, except per share data) February 27, 2021 February 29, 2020 $ 1,352,984 $ 1,671,909 595,152 3,620,045 19,545 918,418 1,587,101 311,821 6,456,930 S 1,000,340 385,642 2,093,869 248,342 98,092 3,826,285 20,380 1,430,604 2,006,966 506,280 7,790,515 $ $ Assets Current assets: Cash and cash equivalents Short term investment securities Merchandise inventories Prepaid expenses and other current assets Assets held-for-sale Total current assets Long term investment securities Property and equipment, net Operating lease assets Other assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Accrued expenses and other current liabilities Merchandise credit and gift card liabilities Current operating lease liabilities Liabilities related to assets held-for-sale Total current liabilities Other liabilities Operating lease liabilities Income taxes payable Long term debt Total liabilities Shareholders' equity: Preferred stock - $0.01 par value, authorized - 1,000 shares; no shares issued or outstanding Common stock - $0.01 par value, authorized - 900,000 shares, issued 343,241 and 343,683, respectively; outstanding 109,621 and 126,528 shares, respectively Additional paid-in capital Retained earnings Treasury stock, at cost; 233,620 and 217,155 shares, respectively Accumulated other comprehensive loss Total shareholders' equity Total liabilities and shareholders' equity 986,045 5 636,329 312,486 360,061 2,294,921 82,279 1,509,767 102,664 1,190,363 5,179,994 944 194 675,776 340,407 463,005 43,144 2,466,526 204,926 1,818,783 46,945 1,488,400 6,025,580 3,432 2,152,135 10,225,253 (11,048,284) (55,600) 1,276,936 6,456,930 $ 3,436 2,167,337 10,374,826 (10,715,755) (64.909) 1,764,935 7,790,515 $ See accompanying Notes to Consolidated Financial Statements. Daldnice amount statement? Balance Sheet a e Cash $1,352,984 b Receivables Total Current Assets $3,620,045 d Net Property, Plant and Equipment $918,418 Total Assets $6,456,930 f Accounts Payable $986,045 g Total Current Liabilities $2,294,921 h Common Stock i Retained Earnings $10,225,253 j Total Liabilities & Stockholder's Equity $6,456,930 k Sales or Net Sales $9,233,028 1 Net Income or Net Earnings $150,773 Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Balance Sheet Income Statement Income Statement 2. Did the company's net income (net earnings) increase or decrease from the previous year? How much? Show your work and include all zeroes. 3. a. Did the company's cash increase or decrease from the previous year? How much? Include all zeroes. b. List net income and include all zeroes. C. Are (4a) and (4b) equal or are they different? In other words, is the increase or decrease in cash the same as the net income or net loss