Refer to Apples financial statements in Appendix A to answer the following. 1. How many shares of

Question:

Refer to Apple’s financial statements in Appendix A to answer the following.

1. How many shares of common stock are issued and outstanding at September 28, 2013, and September 29, 2012? How do these numbers compare with the basic weighted-average common shares outstanding at September 28, 2013, and September 29, 2012?

2. What is the book value of its entire common stock at September 28, 2013?

3. What is the total amount of cash dividends paid to common stockholders for the years ended September 28, 2013, and September 29, 2012?

4. Identify and compare basic EPS amounts across fiscal years 2013, 2012, and 2011. Identify and comment on any notable changes.

5. How many shares does Apple hold in treasury stock, if any, as of September 28, 2013, and September 29, 2012?

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... 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...