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better? Expand Your Critical Thinking 1-7 Sylvia Ayala recently accepted a job in the production department at Apple. Before she starts work, she decides to

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Expand Your Critical Thinking 1-7 Sylvia Ayala recently accepted a job in the production department at Apple. Before she starts work, she decides to review the company's annual report to better understand its operations The content and organization of corporate annual reports have become fairly standardized. Excluding the public relations part of the report pictures, products, etc.), the following are the traditional financial portions of the annual reporti Financial Highlights Letter to the Stockholders Management's Discussion and Analysis Financial Statements Notes to the Financial Statements Management's Responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm Selected Financial Data The official SEC filing of the annual report is called a Form 10-K, which often omits the public relations p statements, follow these steps: To access Apple's Form 10-K, including notes to the financial 1. Go to htto: investoranple.com. 2. Select the Financial Information tab 3. Select the 10-K annual report dated September 29, 2015. 4. The financial portions of the annual report begin on page 21 Use Apple's annual report to answer the following questions What was the amount of Apple's basic earnings per share in 2014? (Round answer to 2 decimal places, e.. 15.25.) Earnings per share What are the company's net sales in foreign countries in 2014? (Enter amount in millions.) Net sales in foreign countries What were net sales in 2012? (Enter amount in millons.) Net sales in 2012 How many shares of common stock have been authorised? Authorized common stock How much cash was spent on capital expenditures in 20147 (Enter amount in millions Capital expenditures Over what we does the company depreciate its buildings? Poglement ary Financial Statements Notes to the Financial Statements Management's Responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm Selected Financial Data The offical SEC filing of the annual report is called a Form 10-K, which often omits the statements, follow these steps: est standard annual reports. To access Apple's Form 10-K, including notes to the financial 1. Go to http://investorle.com 2. Select the Financial Information tab. 3. Select the 10-K annual report dated September 29, 2015 4. The financial portions of the annual report begin on page 21 Use Apple's annual report to answer the following questions What was the amount of Apple's basic earnings per share in 2014? (Round answer te 2 decimal places, e... 15.25. Earnings per share What are the company's net sales in foreign countries in 2014? (Enter amount in millions Net sales in foreign countries What were net sales in 2012? (Enter amount in millions.) Net sales in 2012 How many shares of common stock have been authorized? Authorized common stock How much cash was spent on capital expenditures in 2014? (Enter amount in Capital expenditures Over what life does the company depreciate its buildings? Depreciation of the buildings are for What was the value of inventory in 2014) (Enter amount in millions.) Value of components and finished goods PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities The Company's common stock is traded on the NASDAQ Stock Market LLC("NASDAQ") under the symbol AAPL Price Range of Common Stock The price range per share of common stock presented below represents the highest and lowest intraday sales prices for the Company's common stock on the NASDAQ during each quarter of the two most recent years. Fourth Quarter Third Quarter Second Quarter First Quarter 2015 price range per share $ 132.97 - $ 92.00 $ 134,54 - $ 123.10 $ 133.60 - $ 104.63 $ 119.75 - $ 95.18 2014 price range per share $ 103.74 - $ 92.09 $ 95.05 - $ 73.05 $ 80.18 - $ 70.51 $ 82.16 - $ 67.77 Holders As of October 9, 2015, there were 25,924 shareholders of record. Dividends The Company paid a total of $11.4 billion and $11.0 billion in dividends during 2015 and 2014, respectively, and expects to pay quarterly dividends of $0.52 per common share each quarter, subject to declaration by the Board of Directors. The Company also plans to increase its dividend on an annual basis, subject to declaration by the Board of Directors Expand Your Critical Thinking 1-7 Sylvia Ayala recently accepted a job in the production department at Apple. Before she starts work, she decides to review the company's annual report to better understand its operations The content and organization of corporate annual reports have become fairly standardized. Excluding the public relations part of the report pictures, products, etc.), the following are the traditional financial portions of the annual reporti Financial Highlights Letter to the Stockholders Management's Discussion and Analysis Financial Statements Notes to the Financial Statements Management's Responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm Selected Financial Data The official SEC filing of the annual report is called a Form 10-K, which often omits the public relations p statements, follow these steps: To access Apple's Form 10-K, including notes to the financial 1. Go to htto: investoranple.com. 2. Select the Financial Information tab 3. Select the 10-K annual report dated September 29, 2015. 4. The financial portions of the annual report begin on page 21 Use Apple's annual report to answer the following questions What was the amount of Apple's basic earnings per share in 2014? (Round answer to 2 decimal places, e.. 15.25.) Earnings per share What are the company's net sales in foreign countries in 2014? (Enter amount in millions.) Net sales in foreign countries What were net sales in 2012? (Enter amount in millons.) Net sales in 2012 How many shares of common stock have been authorised? Authorized common stock How much cash was spent on capital expenditures in 20147 (Enter amount in millions Capital expenditures Over what we does the company depreciate its buildings? Poglement ary Financial Statements Notes to the Financial Statements Management's Responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm Selected Financial Data The offical SEC filing of the annual report is called a Form 10-K, which often omits the statements, follow these steps: est standard annual reports. To access Apple's Form 10-K, including notes to the financial 1. Go to http://investorle.com 2. Select the Financial Information tab. 3. Select the 10-K annual report dated September 29, 2015 4. The financial portions of the annual report begin on page 21 Use Apple's annual report to answer the following questions What was the amount of Apple's basic earnings per share in 2014? (Round answer te 2 decimal places, e... 15.25. Earnings per share What are the company's net sales in foreign countries in 2014? (Enter amount in millions Net sales in foreign countries What were net sales in 2012? (Enter amount in millions.) Net sales in 2012 How many shares of common stock have been authorized? Authorized common stock How much cash was spent on capital expenditures in 2014? (Enter amount in Capital expenditures Over what life does the company depreciate its buildings? Depreciation of the buildings are for What was the value of inventory in 2014) (Enter amount in millions.) Value of components and finished goods PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities The Company's common stock is traded on the NASDAQ Stock Market LLC("NASDAQ") under the symbol AAPL Price Range of Common Stock The price range per share of common stock presented below represents the highest and lowest intraday sales prices for the Company's common stock on the NASDAQ during each quarter of the two most recent years. Fourth Quarter Third Quarter Second Quarter First Quarter 2015 price range per share $ 132.97 - $ 92.00 $ 134,54 - $ 123.10 $ 133.60 - $ 104.63 $ 119.75 - $ 95.18 2014 price range per share $ 103.74 - $ 92.09 $ 95.05 - $ 73.05 $ 80.18 - $ 70.51 $ 82.16 - $ 67.77 Holders As of October 9, 2015, there were 25,924 shareholders of record. Dividends The Company paid a total of $11.4 billion and $11.0 billion in dividends during 2015 and 2014, respectively, and expects to pay quarterly dividends of $0.52 per common share each quarter, subject to declaration by the Board of Directors. The Company also plans to increase its dividend on an annual basis, subject to declaration by the Board of Directors

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