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Use the Pier 1 Imports' most recent financial statements to answer the following questions:

To obtain Pier 1 Imports' financial statements you can go to www.Pier1.com and click on the link at the bottom of the first page titled Investor's Relations and then choose Annual Reports and Proxy Statements.

1. Does Pier 1 have a significant amount of bad debts? How can you tell?

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This solution provides a review of financial statements for Pier 1 Imports.

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Pier 1 imports does not have a significant amount of bad debts because the allowance for bad debts is less than 5% of the total accounts receivable for 2008. Net Allowance for ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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