Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Apple Inc. CONSOI INATEN RAI ANCF SHEETS See accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions) Retained earnings

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Apple Inc. CONSOI INATEN RAI ANCF SHEETS See accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions) Retained earnings Accumulated other comprehensive income (loss) See accompanying Notes to Consolidated Financial Statements. Use Apple's financial statements in Appendix 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 stockholders for the years ended (a September 28 . 2019, and (b) September 29,2018 ? 3. Identify basic earnings per share (EPS) amounts for fiscal years (a) 2019 and (b) 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 issued and outstanding at (a) September 28, 2019, and (b) September 29,2018? (Enter the number of shares in thousands.) Use Apple's financial statements in A ppendix 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 stockholders for the years ended (a) September 28 . 2019 , and (b) September 29,2018 ? 3. Identify basic earnings per share (EPS) amounts for fiscal years (a 2019 and (b) 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. What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 28,2019 , and (b) September 29,2018 ? (Enter your answers in millions.) Use Apple's financial statements in Appendix 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 stockholders for the years ended (a) September 28,2019, and (b) September 29,2018 ? 3. Identify basic earnings per share (EPS) amounts for fiscal years (a 2019 and (b) 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. Identify basic EPS amounts for fiscal years (a) 2019 and (b) 2018. (Round your answers to 2 decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions