Using either Big Lots, Inc.'s most current Form 10-K or the company's annual report, answer the questions below. To obtain the Form \(10-\mathrm{K}\) 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 Big Lots' stockholders' equity that is shown on the company's balance sheet?

b. What is the par value of Big Lots' common stock?

c. Does Big Lots have any treasury stock? If so, how many shares of treasury stock does the company hold?

d. Why does the stock of a company such as a Big Lots have a market value that is higher than its book value?