Question: Use Apple's financial statements in ARpendix A to answer the following. 1. How many shares of Apple common stock are issued and outstanding at (a)



Use Apple's financial statements in ARpendix A to answer the following. 1. How many shares of Apple common stock are issued and outstanding at (a) September 28, 2019, and (b) September 29, 2018? 2. What is the total amount of cash dividends paid to common stockhoiders for the years ended (d) September 28, 2019, and (b) September 29, 2018? 3. Identify basic earnings per share (EPS) amounts for fiscal years (D) 2019 and (D) 2018. 4. Is Apple's earnings per share (EPS) on a favorable or unfavorable trend from 2018 to 2019? 5. If Apple buys back outstanding shares from investors, would you expect earnings per share (EPS) to increase or decrease from the buyback? Complete this question by entering your answers in the tabs below. How many shares of Apple common stock are lssued and outstanding at (a) september 28, 2019, and (b) September 29. 2018? (Enter the number of shares in thousands.) Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) LHAULITIKS AND SHARYUOH.DKRS' RQUITY Apple Inc. CONSOL.IDATED STATEMENTS OF OPERATIONS (In millions, execpt number of shares which ase reflected in thousandv and per thare amounts) Vears ended Net sales: Products Services Total net ules September 28, 2019 September 29,2018 September 30, 2017 Cout of sales: Products Servicer Total coit of ala Girns margin Operating expenies: Rewearch and developenent Selling, gencrat and administrative Total operating espenies Opersting incoune Oher incouse (expense). ned Income before prowivion for income taves Prowithon for income takes Net income Earningeper hare: Bask Diluted Shares ued in compoting carnings per thak Bask Diluted Apole Inc. Use Apple's financial statements in ARpendix A to answer the following. 1. How many shares of Apple common stock are issued and outstanding at (a) September 28, 2019, and (b) September 29, 2018? 2. What is the total amount of cash dividends paid to common stockhoiders for the years ended (d) September 28, 2019, and (b) September 29, 2018? 3. Identify basic earnings per share (EPS) amounts for fiscal years (D) 2019 and (D) 2018. 4. Is Apple's earnings per share (EPS) on a favorable or unfavorable trend from 2018 to 2019? 5. If Apple buys back outstanding shares from investors, would you expect earnings per share (EPS) to increase or decrease from the buyback? Complete this question by entering your answers in the tabs below. How many shares of Apple common stock are lssued and outstanding at (a) september 28, 2019, and (b) September 29. 2018? (Enter the number of shares in thousands.) Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) LHAULITIKS AND SHARYUOH.DKRS' RQUITY Apple Inc. CONSOL.IDATED STATEMENTS OF OPERATIONS (In millions, execpt number of shares which ase reflected in thousandv and per thare amounts) Vears ended Net sales: Products Services Total net ules September 28, 2019 September 29,2018 September 30, 2017 Cout of sales: Products Servicer Total coit of ala Girns margin Operating expenies: Rewearch and developenent Selling, gencrat and administrative Total operating espenies Opersting incoune Oher incouse (expense). ned Income before prowivion for income taves Prowithon for income takes Net income Earningeper hare: Bask Diluted Shares ued in compoting carnings per thak Bask Diluted Apole Inc
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