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please solve, will upvote Required information [The following information applies to the questions displayed below] Orange incorporated, headquartered in Cupertino, California, designs, manufactures, and markets
please solve, will upvote
Required information [The following information applies to the questions displayed below] Orange incorporated, headquartered in Cupertino, California, designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories, and sells a variety of related services. The following is Orange's (simplfied) balance sheet from a recent year (fiscal year ending on the last Saturday of September). Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2020): a. Borrowed $18,304 from banks due in two years. b. Purchased additional investments for $24,500 cash; one-fifth were long term and the rest were short term. c. Purchased property, plant, and equipment; paid $9,610 in cash and signed a short-term note for $1,448. d. Issued additional shares of common stock for $1,507 in cash; total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $19,045 for $19.045 cash. f. Declared $11,163 in dividends to be paid at the beginning of the next fiscal year. Recuired infomation 1. Required information \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Additional Paiddin Capital } \\ \hline Deblt & \multicolumn{2}{|c|}{ Credit } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Eeginging Balance & & \\ \hline & & 25,512 \\ \hline \end{tabular} Required information [The following information applies to the questions displayed below] Orange incorporated, headquartered in Cupertino, California, designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories, and sells a variety of related services. The following is Orange's (simplfied) balance sheet from a recent year (fiscal year ending on the last Saturday of September). Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2020): a. Borrowed $18,304 from banks due in two years. b. Purchased additional investments for $24,500 cash; one-fifth were long term and the rest were short term. c. Purchased property, plant, and equipment; paid $9,610 in cash and signed a short-term note for $1,448. d. Issued additional shares of common stock for $1,507 in cash; total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $19,045 for $19.045 cash. f. Declared $11,163 in dividends to be paid at the beginning of the next fiscal year. Recuired infomation 1. Required information \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Additional Paiddin Capital } \\ \hline Deblt & \multicolumn{2}{|c|}{ Credit } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Eeginging Balance & & \\ \hline & & 25,512 \\ \hline \end{tabular} Step by Step Solution
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