Did staples pay any dividends to stockholders

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Reference no: EM13899832

Staples, Inc., is a leading office products distributor, with retail stores in the United States, Canada, Asia, Europe, and South America. The following financial statement data were taken from Staples' financial statements as of January 29, 2005 and 2004:


2005

(in thousands)

2004

(in thousands)

Total  assets

$  7,071,448

$6,503,046

Total  liabilities

(1)

2,840,146

Total  stockholders'  equity

4,115,196

(2)

Retained  earnings

2,818,163

2,209,302

Sales

$14,448,378

 

Cost  of  goods  sold

10,343,643

 

Operating  and  other  expenses

2,989,163

 

Income  tax  expense

407,184

 

a. Determine the missing data indicated for (1) and (2).

b. Using the income statement data for 2005, determine the amount of net income or loss.

c. Did Staples pay any dividends to stockholders during 2005?

Reference no: EM13899832

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