Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Stockholders' Equity (thousands, except par value amounts) February 2, 2013 January 28, 2012 Class A common stock-$0.01 par value: 150,000 shares authorized and 103,300 shares

Stockholders' Equity (thousands, except par value amounts) February 2, 2013 January 28, 2012
Class A common stock-$0.01 par value: 150,000 shares authorized and 103,300 shares issues at each of February 2, 2013, and January 28, 2012 $ 1,033 $ 1,033
Paid-in capital 403,271 369,171
Retained earnings 2,567,261 2,389,614
Accumulated other comprehensive income (loss), net of tax (13,288) 6,291
Treasury stock at average cost: 24,855 and 17,662 shares at February 2, 2013 and January 28, 2012, respectively (1,140,009) (834,774)
Total shareholders' equity $ 1,818,268 $ 1,931,335

(a) Show the computation to yield the $1,033 balance reported for common stock. Enter complete number for number of shares (with all zeros). (Answer

shares) x ($Answer

) = $1,033 thousand (b) How many shares are outstanding at 2013 fiscal year-end? Answer

shares

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets And Institutions

Authors: Anthony Saunders, Marcia Cornett

5th Edition

0078034663, 978-0078034664

More Books

Students also viewed these Finance questions