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Distinguishing Between Common Stock and Additional Paid-in Capital Following is the stockholders' equity section from the Cisco Systems Inc. balance sheet for the third quarter
Distinguishing Between Common Stock and Additional Paid-in Capital Following is the stockholders' equity section from the Cisco Systems Inc. balance sheet for the third quarter of fiscal 2019. Shareholders' Equity (in millions, except par value) April 27, 2019 Preferred stock, no par value: 5 shares authorized; none issued and outstanding $ - Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 4,313 shares issued and outstanding 40,577 Retained earnings (Accumulated deficit) (2,877) Accumulated other comprehensive income (loss) (896) Total equity $36,804 For the $40,577 million reported as "common stock and additional paid-in capital," what portion is common stock and what portion is additional paid-in capital? Round to the nearest million. Common stock Answer 3 Additional paid-in capital Answer 34,514 Ciscos stock price was $55.88 on April 26, 2019 (the closest trading day to fiscal year-end). Determine Ciscos market capitalization that day. Round to the nearest million. Enter answer in millions. $Answer 241 million
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