Gross margin 93,626 0,537 64,304 Operating expenees: Research and development 8,067 6,041 ,475 Seling,general and admiristrative 14,329 10,830 Total operating expenses 22.396 18,034 15,305 71,230 52,503 48,999 Othor incomeMoxponsa), not 1,285 Income before provision for income taxes 72,515 53,483 Provision for income taxes 13,973 13,118 19,121 Net income S 53.394 S 39,510 S 37,037 Eamings per share: 9.28 $ Diuted Shares used in computing eemings per share 21 6,085,5726,477 320 5,753,421 5,793,069 6,122,663 6,521,634 Diuted Cash dvidands declared por sharo See accompanying Notes to Consolidated Financial Statements CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME In millions) Years ended Net income $ 53.394 S 39.510 37.037 Change in foreign currency translation, nat of tax effects of $201, $50and $35, Change in unrealized gains losses on derivative instruments: Chango in fair valuo of dorivativos, not of tax bonotit Taxponso) of $(441), $(297) and S(351), respectively 2,905 1,390 Adjustment for net (gains)Mosses realized and included in net income, net of tax axpense/bonefit) of $630, $(36) and $255, rospectivaly 3.497) Total chango inurrealzed gaineloss0s on dorhvative instruments, net tax 1539 Chango in uroalizod gains/lossos on markotablo socuritios Change in tair value of marketable securities, net of tax banefitpensel of $264, $(153) and $468, respectively (791) Adjustment for net (gainsMosses realized and included in net income, net of tax axpensa/benent) of $(32), $71 and S82, respectivaly Total change in unreaized gains/losses on marketable securities, net of tax Total other comprehensive income/loss) 1,553 Total comprohansive income 51,96741063 36,067 See accompanying Notes to Consolidated Financial Statements. CONSOLIDATED BALANCE SHEETS In millons, except number of shares which are refected in thousands and par valuel 2015 2014 Current asects: Cash and cash equivalents 21,120 13,844 Short-term marketable securities 20,481 11,233 Accounts recelvabla, lass allowanoes of $82 and $86, raspectively 16,849 17,460 2,349 4,318 Dofomed tax assots 5,546 13,494 9,759 Vendor non-tracie receivables Other current assets 9,539 9,806 68.531 Total current assets Long-term marketable securities 164,065 130,162 Property. plant and equipment, net 22,471 4,616 Acquired intangblo asests, net 5,556 3.764 Other asscts S 200.479 231,839 Total assets LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: 35,490 $ 30,196 Accounts payable Accrued expenses 25,181 18,453 8,491 Deferred revenue 8,940 6,308 Commercial paper 8,499 Current portion of long-term debt 2,500 0 80,610 Total current liabilities 63,448 3,031 Deferred revenue, non-curent 3,624 53,463 Long-term debt 28,987 33,427 Other non-current liabilities 24,826 Total liabilities 171,124 120,292 Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized 5,578,753 and 5,866,161 shares issued and outstanding, respectively 27,416 23,313 Retained earnings 92,284 87,152 1,082 Accumulated other comprehensive income (345) 119,355 Total shareholders' equity 111,547 $ 290,479 231,839 Total liabilities and shareholders' equity See accompanying Notes to Consolidated Financial Statements. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY n mlions, except number cf sharee which are reflected in thousands) Adsitional Paid-In CaaRetained Comprehersive Eamings 6574,458 16422 101,289 Balanoes as of September 29,2012 Didands and cividand equivalents dedlared (328 837 Common stock isaued, net of sheree wihheld for ax banoft from equity awards, including transfor Balancos as of Soptombor 28,2013 6,294,404 Didends and cvidend equivalents declared 488.877) Common stock issuod, not of shares withhald for 60.344 Tax bene t from equlty awards, including transfer Balanoes as of September 27,2014 5,866,161 (325.032) Common ok ued, net of shares wthhald for 37.624 Tax baneft from equity awards, indluding transfer pricing adjustments Balanos .ofSwtarnbor 26. 2015 5,578,753 27416 S 92.284S (345) S 119.355 3oo accompaying Notas to Consolidatod Firiancial Statemonts CONSOLIDATED STATEMENTS OF CASH FLOWS Cash and cash oquivalonts, begining of tho year Aqustmments to reconcle net income to cash generated by openting actvties Changes in opernting asoats and lablties t labities Cash nerated by oporating actveties Proceeds from maturities cf marketable securities Proceads from salas of markatable securitie Payments made in connaction with businass acquisitions,not Paymenta for acquisition of property, plant and equipment Payments for acqusition ofintanglble asoots Taxes paid related to net share settiement of equity awads Proceeds from issuance of termdebt, net Cash and cash equivelens, end of the year he financial statements of Apple Ine. are presented in Appendix A. Instructions for accessing and using the company's complete annual report, including the notes to the financial statements, are also provided in Appendix A lick here to view Appendix A Your answer is incorrect. Try again. Nhat percentage of Apple's authorized common stock was issued at September 26, 2015? (Round answer to 0 decimal places, e.g. 15%.) Percentage of common stock 47 X Your answer is incorrect. Try again What amount, if any, did Apple declare in dividends on common stock in the year ended September 26, 2015? Dividends declared 10,676 million