financial reporting problem 7
Part 1 Answer questions A-F, Provide an 875-word analysis of your findings. Include conclusions concerning the management of the company’s cash.
Part 2 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.
Use the Excel® spreadsheet