Preferred stock in balance sheet


Problem:

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.

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Accounting Basics: Preferred stock in balance sheet
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