Financial Reporting Problem II

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Purpose of Assignment

The purpose of this assignment is to expose you to the basic process involved in the analysis of the cash flow statement.

Assignment Steps

Resources: Appendix A of Financial Accounting: Tools for Business Decision Making

Note: This is a two part assignment.

Part 1(50 pts)

Answer questions A-F in problem CT12-1 in Financial Accounting (p. 640).

Provide 350-words of your findings in the team paper.

Include conclusions concerning the management of the company’s cash.

Part 2(50 pts)

Provide 350-words of findings in the team paper for 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.(show your computations in the paper)

Write your paper using APA guidelines (at least cite the textbook). Your paper should have an introduction, middle, conclusion. Combine Part 1 and Part 2 into one 700-word team paper.