A high percentage of Americans own stock in corporations. As a shareholder in a corporation, you will

Question:

A high percentage of Americans own stock in corporations. As a shareholder in a corporation, you will receive an annual report. One of the goals of this course is for you to learn how to navigate your way around an annual report.
Instructions
Use Apple's 2015 annual report (see Appendix A) to answer the following questions.
(a) What CPA firm performed the audit of Apple's financial statements?
(b) What was the amount of Apple's earnings per share in 2015?
(c) What were net sales in 2015?
(d) How much cash did Apple spend on capital expenditures in 2015?
(e) Over what life does the company depreciate its buildings?
(f) What were the proceeds from issuance of in 2015?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...