Visit the home page of Staples, Inc., at the following Internet address: www.staples.com Locate the companys most
Question:
www.staples.com
Locate the company’s most current balance sheet by selecting “Investor Information.”
Instructions
Answer the following questions:
a. Does the company report preferred stock in its balance sheet? If so, how many shares are currently outstanding?
b. How much common stock does the company report in its most recent balance sheet? What is the par value of each share?
c. Does the company report any treasury stock? Has this amount changed since the previous year?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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Step by Step Answer:
a The companys balance sheet dated February 2 2008 reports that fiv...View the full answer
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Related Book For 
Financial And Managerial Accounting
ISBN: 12
14th International Edition
Authors: Jan R. Williams, Joseph V. Carcello, Mark S. Bettner, Sue Haka, Susan F. Haka
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