Week 3 exercises
... Does the company report preferred stock in its balance sheet? If so, how many shares are currently outstanding? No preferred stock is currently outstanding although 5 million preferred shares are authorized ($0.01 par value).
How much common stock does the company report in its most recent balance sheet? What is the par value of each?
The company has reported $529,000 common stock with a par value of $0.0006 per share of common stock.
Does the company report any treasury stock? Has the amount changed since the previous year?
Yes. The company has reported a treasury stock of $3,357,734,000. There were 166,427,240 shares at January 31, 2009 and 162,728,588 shares at February 2, 2008. So the amount ha...