The stockholders equity section for Apple Inc. is shown in Appendix A. Instructions for accessing and using

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The stockholders’ equity section for Apple Inc. is shown in Appendix A. Instructions for accessing and using the company’s complete annual report, including the notes to the financial statements, are also provided in Appendix A.

Instructions
(a) What is the par or stated value per share of Apple’s common stock?
(b) What percentage of Apple’s authorized common stock was issued at September 24, 2011?

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...
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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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