Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Shareholers' Equity (in millions, except par value) July 2016 Preferred stock, no par value: 5 shares authorized; none issued and outstanding $ - Common stock

Shareholers' Equity (in millions, except par value) July 2016
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; 6,917 and 6,973 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively 51,182
Retained earnings 19,396
Accumulated other comprehensive income (326)
Total Cisco shareholders' equity 70,252
Noncontrolling interests (1)
Total equity $70,251

For the $51,182 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

million
Additional paid-in capital $Answer

million

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

8th Edition

0077606779, 978-0697789945

More Books

Students also viewed these Finance questions

Question

What makes worldwide pricing difficult to achieve?

Answered: 1 week ago

Question

2. Do you agree that unions stifle creativity? Why or why not?

Answered: 1 week ago