Use the annual report of Barnes & Noble, Inc., found on the firms Web site, www.barnesandnobleinc.com/for_investors/for_investors.html, to
Question:
Use the annual report of Barnes & Noble, Inc., found on the firm’s Web site, www.barnesandnobleinc.com/for_investors/for_investors.html, to answer the following:
1. Does Barnes & Noble buy back its own stock? Where, in the financial statements, is this disclosed? Explain the treasury stock transaction(s) that took place during the most recent fiscal year.
2. Compute the return on equity for the two most recent consecutive years. What information do these ratios provide?
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1 2 Yes Barnes Noble acquired 6941 shares in 2007 and 6604 shares in 2008 The ...View the full answer
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Related Book For 
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ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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