Find online the annual 10-K report for Peets Coffee and Tea (PEET) for fiscal year 2011 (filed

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Find online the annual 10-K report for Peet’s Coffee and Tea (PEET) for fiscal year 2011 (filed in January 2012). Answer the following questions from the notes to their financial statements:
a. What was Peet’s inventory of green coffee at the end of 2011?
b. What property does Peet’s lease? What are the minimum lease payments due in 2012?
c. What was the fair value of all stock-based compensation Peet’s granted to employees in 2011? How many stock options did Peet’s have outstanding at the end of 2011?
d. What fraction of Peet’s 2011 sales came from specialty sales rather than its retail stores? What fraction came from coffee and tea products?

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Corporate Finance

ISBN: 978-0133097894

3rd edition

Authors: Jonathan Berk and Peter DeMarzo

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