1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skelet666 [1.2K]
4 years ago
9

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?
Business
1 answer:
Temka [501]4 years ago
4 0

The par value of apple stock is negligible at $0.00001 per share.

Apple Inc. has a total of 12,600,000,000 shares of authorized common stock.

The number of issued and outstanding shares Apple Inc. has as of September 27, 2014, is 5,866,161,000

percentage of authorized common stock issues Number of issued and outstanding shares/total authorized shares = 5,866,161,000/12,600,000,000 = 0.4656 = 46.56%

So, 46.56% of Apple Inc.’s authorized common stock has been issued as of September 27, 2014

5,866,161,000 shares of common stock were outstanding on September 28, 2013

On September 27, 2014, there were 6,294,494,000 shares of common stock outstanding.

The company has paid no dividends, so there is no payout ratio Earnings per share = 6.43$/share (total of all four quarters)

Return on equity for 2014 = 35.42%

You might be interested in
Harrison Corp. wants to raise its level of service to enhance customer experience. The board of directors send out an email cont
bearhunter [10]

Answer:

Downward communication

Explanation:

Within an organization, downward communication refers to any communication that starts in a higher level of the organization and flows to a lower level of the organization.

In this case, since the board of directors is the highest level of a corporation, any communication that is sent to other parts of the corporation will always be downward communication.

5 0
3 years ago
At December 31, 2017, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $2,700. It w
Whitepunk [10]

Answer:

The adjusted balance for Prepaid Insurance is $1,200. Whereas, the expired Insurance that is to be charged to Profit or Loss Statement is $1,500.

Explanation:

The Double Entry to Record the Expired Resource (Insurance) is:

Insurance Expense (Dr.)                   $1,500

             Prepaid Insurance (Cr.)                              $1,500

This implies that the adjusted balance for Prepaid Insurance is 2,700 - 1,500 = $1,200.

Thanks!

6 0
3 years ago
Read 2 more answers
The IRR rule states that firms should accept any project offering an internal rate of return in excess of the cost of capitalA.
gtnhenbr [62]

Answer:

A. True

Explanation:

Internal rate of return abbreviated as  IRR, is a capital budgeting technique used to evaluate the profitability of a potential project or an investment. In calculating the IRR,  the net present value of the project's cash inflows is set at zero.  Getting the actual value of the IRR is through trial and error, or specially programmed software.

IRR shows the growth rate a project or an investment is expected to generate. The higher the value, the better. As a rule, only projects whose IRR is greater than the minimum required rate of return should be accepted. The required rate of return is the same as the cost of capital for the project.

6 0
3 years ago
The BRAC anti-poverty program in Bangladesh gave poor families training on how to raise livestock, a savings account, and help w
max2010maxim [7]

Answer:

A. Education, savings, and human capital, respectively.

8 0
3 years ago
A farmer decides she wants to grow certified organic corn and sets out to meet all usda standards to do so. her crop grows well
disa [49]
<span>Crop rotation. Crop rotation is growing a series of dissimilar or different types of crops in the same plot in sequenced seasons. Peas, like other legumes, are nitrogen fixing crop. They recover depleted nitrogen and other nutrients squeezed out by the organic corn, making nitrogen available to the soil for use again. This practice takes advantage of the uniqueness of each crop make use of diverse natural and ecological resources present in the soil to maximize yield and increase output. The organic corn requires a lot of nutrient for root growth and with repeated use, the available nutrients has gotten depleted. Planting legumious crops which are good nitrogen-fixers will help to recover lost nutrient.</span>
7 0
3 years ago
Other questions:
  • Your opening a savings account that earns compound interest which compounding frequency will earn me the most money? A.compoundi
    12·1 answer
  • The employees of eco engineering inc. share company-related resources among multiple computers without requiring a central netwo
    12·1 answer
  • Ashley is single and lives with Barney, her boyfriend, and Candy, his 8 year old daughter. Ashley paid all of the support for he
    11·1 answer
  • Bryant Company has a factory machine with a book value of $90,000 and a remaining useful life of 5 years. It can be sold for $30
    15·2 answers
  • A __________ visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit.
    12·1 answer
  • Dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require
    11·1 answer
  • Which of the following would have a low likelihood of being organized as a profit center? A maintenance department that charges
    9·2 answers
  • Senath Company's annual report reveals net credit sales of $266,000 and average accounts receivable of $46,000. The report also
    15·1 answer
  • April is worried that she is not a "good speller," so she plans to let the spelling
    14·1 answer
  • Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 75,000 $1 par c
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!