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?
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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
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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Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild