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
harkovskaia [24]
3 years ago
11

1. How many shares of Apple common stock are issued and outstanding at (a) September 30, 2017, and (b) September 24, 2016? 2. Wh

at is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) September 24, 2016? 3. Identify basic EPS amounts for fiscal years (a) 2017 and (b) 2016. 4. Is Apple’s EPS on a favorable or unfavorable trend from 2016 to 2017? 5. If Apple buys back outstanding shares from investors, would you expect EPS to increase or decrease from the buyback?
Business
1 answer:
Nina [5.8K]3 years ago
8 0

Answer:

I got the information from Apple's Form 10-K reported by the SEC.

1. How many shares of Apple common stock are issued and outstanding at (a) September 30, 2017, and (b) September 24, 2016?

2016: 5,470,820  shares

2017: 5,217,242  shares

2. What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) September 24, 2016?

2016: $12 billion paid in dividends

2017: $12.6 billion paid in dividends

3. Identify basic EPS amounts for fiscal years (a) 2017 and (b) 2016.

2016: $8.35 per share

2017: $9.27 per share

4. Is Apple’s EPS on a favorable or unfavorable trend from 2016 to 2017?

favorable since it increased from $8.35 to $9.27, or 11%

5. If Apple buys back outstanding shares from investors, would you expect EPS to increase or decrease from the buyback?

EPS should increase since the total amount of outstanding shares will decrease. Wen you are calculating a fraction, if the denominator decreases, the value of the fraction increases. Apple has excess cash, so it can afford to buy back shares without affecting its normal operations.

You might be interested in
(Present value tables are needed.) Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for
amm1812

Answer:

C. $358,455

Explanation:

As per given data

                                                           B14 Model    F54 Model

Investment                                         $320,000    $240,000

Useful life (years)                                      8                 8

Estimated annual net cash inflows   $75,000      $40,000

Residual value                                    $30,000     $10,000

Depreciation method Straight-line Straight-line

Required rate of return                        14%                10%

Net Present value of the net cash inflows can be calculated by using the formula of present value of annuity because the cash inflows of each year are constant cash flows.

Present value of Annuity = P x [ ( 1 - ( 1 + r )^-n ) / r ]

Where

P = Annual cash inflows = $75,000

r = required rate of return = 14%

n = numbers of periods = 8 years

Placing values in the formula

Present value of cash inflows = $75,000 x [ ( 1 - ( 1 + 14% )^-8 ) / 14% ]

Present value of cash inflows = $347,915

Present value of residual value of asset can be calculated by discounting the residual value using required rate of return.

Formula for Discounting

Present value = P (1 + r)^-n

Where

P = Value to be discounted = $30,000

r = required rate of return = 14%

n - numbers of periods = 8 years

Placing values in the formula

Present value of residual value = $30,000 x ( 1 + 14% )^-8 = $10,517

Total Present value = $10,517 + 347,915 = 358,432

There is a difference due to the rounding effect in the calculations, the closest value id C. $358,455

8 0
2 years ago
When marketing managers attempt to identify "Key Success Factors" they typically are engaged in the _________________ component
spin [16.1K]

Answer:

The correct answer is letter "D": Industry analysis.

Explanation:

The strategic marketing planning process represents the set of steps companies take to advertise their products. The process could take five (5) steps which are <em>planning the firm's mission, goals, and objectives; analyze the industry positioning; establishing marketing tactics; conducting the process; </em>and<em>, monitoring. </em>

By analyzing the industry position, organizations conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis to find out the "Key Success Factors" and determine the inner and outer companies factors that could affect its performance.

7 0
2 years ago
The practice of subcontracting work to other people or companies is called
s2008m [1.1K]
A business practice where main contractor hires additional individuals or companies called subcontractors to help complete a project. The main contractor is still in charge and must oversee hires to ensure project is executed and completed as specified in contract.
3 0
3 years ago
Frederick is a student at Central Fictional State University (CFSU), and he has a great idea for a new business invention. Frede
Delvig [45]

Answer: He should should File a suit.

Explanation:

He should should File a suit.

The new innovation was Frederick's brain child, I believe God gave him this innovative Idea he could change people's lives professionally and even personally. Frederick should only sue the Professors for the use of his innovative idea and the Patents for this innovation to be transferred back to the rightful owner of innovation (Frederick) and not to sue them for everything they have the aim here is to teach/show professors that stealing is wrong and  not to punish.

We should not let evil doers prevail, suing Professors will teach them a lesson that stealing a person's idea is wrong and they should not do it again, if Frederick doesnot sue the professors would probably do it to another student. Frederick's law suit will not only help him but it will actually save a lot of students coming after him which is what Christianity is teach us to do good for other people.

6 0
2 years ago
When Stuart sold a computer network to a Fortune 500 company, he often called on the company's purchasing department to see if e
Semmy [17]

Answer: Relationship selling

Explanation:

Stuart in his sales transaction with Fortune 500 company, is carrying out relationship selling, where the seller tries to make sales by creating a friendly relationship with their buyers. Relationship selling helps the buyer to easily relate with the seller, thereby making sales very easy to transact.

7 0
3 years ago
Other questions:
  • One-year interest rates are currently 2.50% in the United States and 3.70% in Great Britain. The current spot rate between the p
    8·1 answer
  • uppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00. Calculate the euro-pound exchange rate. A. €1.25 = £1.0
    6·1 answer
  • Suppose you need $1 million dollars to start your dream business. Describe two ways you would generate the funds needed to start
    13·1 answer
  • What educational background or training did rose lamont need?
    8·2 answers
  • The principle of diversification tells us that: Select one: a. concentrating an investment in two or three large stocks will eli
    11·1 answer
  • How do u make friends
    7·2 answers
  • MARK MORE THAN ONE PLS!!!!!!!! HELP!!!!
    7·1 answer
  • You have established a new business in your neighbourhood
    10·1 answer
  • Bob’s Computer Store has many different types of computers for consumers' varying budgets. A customer can purchase a desktop com
    5·1 answer
  • Discounted cash flow methods consider the present value of the cash flows after the recovery of the initial investment. quizlet
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!