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

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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 26, 2015, and September 27, 2014? How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015, and September 27, 2014?

2. What is the book value of its entire common stock at September 26, 2015?

3. What is the total amount of cash dividends paid to common stockholders for the years ended September 26, 2015, and September 27, 2014?

4. Identify and compare basic EPS amounts across fiscal years 2015, 2014, and 2013. Identify and comment on any notable changes.

5. How many shares does Apple hold in treasury stock, if any, as of September 26, 2015, and September 27, 2014?


Apple's financial statements in Appendix A
 Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par va

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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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Fundamental Accounting Principles

ISBN: 978-1259536359

23rd edition

Authors: John Wild, Ken Shaw, Barbara Chiappett

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