Question
Search the internet to find Apples fiscal year 2018 annual financial statements. Suggested steps to follow when doing your internet search: Search for Apple Investor
Search the internet to find Apples fiscal year 2018 annual financial statements. Suggested steps to follow when doing your internet search: Search for Apple Investor Relations, SEC Filings, Annual Filings, 10-K. Once you have arrived there, see the index to help to locate the financial statements. Watch the dates, that is important! For fiscal year end 9/29/2018 and 9/30/2017 answer the following questions.
Name of the financial statement you located the following information on. How many shares of common stock are authorized for fiscal year end 9/30/2017 and 9/29/2018?
How many shares of common stock are issued and outstanding for 9/29/2018?
How many shares of common stock are issued and outstanding for 9/30/2017?
If a financial statement reader wants to see the detail of change in number of shares of stock from the beginning of each year to the end of each fiscal year, which financial statement would he/she refer to?
why Apples fiscal year end does not always fall on the same day. Hint: to research this review Apples 10-K Part I, Item 1.
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