Using either Bed Bath & Beyond, Inc.’s most current Form 10-K or the company’s annual report, answer the following questions. To obtain the Form 10-K use either the EDGAR system following the instructions in Appendix A or the company’s website. The company’s annual report is available on its website.

Required

a. What is the book value of Bed Bath & Beyond’s stockholders’ equity that is shown on the company’s balance sheet? What is the book value per share?

b. What is the par value of Bed Bath & Beyond’s common stock?

c. Does Bed Bath & Beyond have any treasury stock? If so, how many shares of treasury stock does the company hold?

d. In recent years, the market price of Bed Bath & Beyond’s stock has often been lower than its book value. What does this say about investors’ opinion of the company’s future prospects?