(solved)Financial Reporting Problem II. . . . .

Financial Reporting Problem II •    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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Answer to Financial Reporting Problem II . . .


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