Resources: Appendix A of Financial Accounting: Tools for Business Decision Making
Note: This is a two part assignment.
Answer questions A-F in problem CT12-1 in Financial Accounting (p. 640).
Provide an 875-word analysis of your findings.
Include conclusions concerning the management of the company’s cash.
Complete a 1,050-word summary of findings and recommendations from the following questions:
What is the par or stated value per share of Apple’s common stock?
What percentage of Apple’s authorized common stock was issued at September 27, 2014?
How many shares of common stock were outstanding at September 28, 2013, and at September 27, 2014?
Calculate the payout ratio, earnings per share, and return on common stockholders’ equity for 2014.
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