Problem

Stockholders' Equity ItemsVisit the home page of Staples, Inc., at the following Inter...

Stockholders' Equity Items

Visit the home page of Staples, Inc., at the following Internet address:

       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?

Internet sites are time and dale sensitive. It is the purpose of these exercises to have you explore the Internet. You may need to use the Yahoo! search engine http.//vvww.yahoo.com (or another favorite search engine) to find a companys current Web address.

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