Refer to Apple's 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 27, 2014, and September 28, 2013? How do these numbers compare with the basic weighted-average common shares outstanding at September 27, 2014, and September 28, 2013?

2. What is the book value of its entire common stock at September 27, 2014?

3. What is the total amount of cash dividends paid to common stockholders for the years ended September 27, 2014, and September 28, 2013?

4. Identify and compare basic EPS amounts across fiscal years 2014, 2013, and 2012. Identify and comment on any notable changes.

5. How many shares does Apple hold in treasury stock, if any, as of September 27, 2014, and September 28, 2013?

Fast Forward

6. Access Apple's financial statements for fiscal years ending after September 27, 2014, from its website (Apple.com) or the SEC's EDGAR database (www.SEC.gov). Has the number of common shares outstanding increased since that date? Has the company increased the total amount of cash dividends paid compared to the total amount for fiscal year 2014?


Apple's financial statements from Appendix A

Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par va

https://www.solutioninn.com/images/question_images/1552/6/5/0/9195c8b92a7f355b1552650924403.jpg

https://www.solutioninn.com/images/question_images/1552/6/5/0/9335c8b92b59c2fe1552650938586.jpg

https://www.solutioninn.com/images/question_images/1552/6/5/0/9495c8b92c50103c1552650953938.jpg

https://www.solutioninn.com/images/question_images/1552/6/5/0/9635c8b92d31688d1552650968011.jpg


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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: