Explore BrainMass
Share

Explore BrainMass

    Staples Equity Transactions

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Visit the home page of Staples, Inc., at www.staples.com. Locate the company's most current balance sheet by selecting Investor Information located at the bottom of the page under Corporate Information.

    Does the company report preferred stock in its balance sheet? If so, how many shares are currently outstanding?

    How much common stock does the company report in its most recent balance sheet? What is the par value of each?

    Does the company report any treasury stock? Has this amount changed since the previous year?

    Please make response over 200 words with one reference APA style. Thanks!

    © BrainMass Inc. brainmass.com October 10, 2019, 8:09 am ad1c9bdddf
    https://brainmass.com/business/current-assets/staples-equity-transactions-610547

    Solution Preview

    Staples disclosed that it had 5 million preferred shares authorized, but none issued or outstanding, at the January 31, 2015, the end of its latest fiscal year. (In other words, it could issue up to 5 million shares, but had never issued any.) This stock bears a par value of $.01 per share. Furthermore, Staples is authorized to issue up to 2.1 million shares ...

    Solution Summary

    This solution illustrates how to research a company's annual report to find valuable information about its equity transactions.

    $2.19