Using either Skechers USA, Inc. most current Form 10-K or the companys annual report, answer the questions

Question:

Using either Skechers USA, Inc. most current Form 10-K or the company’s annual report, answer the questions below. To obtain the Form 10-K use either the EDGAR system following the instructions in Appendix A or the company’s website. The company’s annual report is available on its website.

Required

a. What is the book value of Skechers’ stockholders’ equity that is shown on the company’s balance sheet?

b. What is the par value of Skechers common stock?

c. Does Skechers have any treasury stock? If so, how many shares of treasury stock does the company hold?

d. Why does the stock of a company such as a Skechers have a market value that is higher than its book value?

Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...