Staples, Inc., is a leading office products distributor, with retail stores in the United States, Canada, Asia,

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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 adopted from Staples' financial statements as of January 31, 2009 and February 2, 2008:

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a. Determine the missing data indicated for (1) and (2).b. Using the income statement data for 2009, determine the amount of net income or loss.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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