he purpose of this assignment is to help you become familiar with examining the stockholders’ equity section of the balance sheet.
Resources: Financial Accounting: Tools for Business Decision Making, Ch. 11
Answer the following questions in 750 words memo using the most recent 10_K for Facebook.
- How many shares of common stock are outstanding?
- Assuming there is a stated value, what is the stated value of the common stock?
- What is the par value of the preferred stock?
- Did the company repurchase any of their common stock this year?
- If so, how much and
- If so, what does the company state is their reason for the repurchase?
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