A. T HE B ASICS Use the company’s balance sheet in your annual report to answer

Question

A. THE BASICS

Use the company’s balance sheet in your annual report to answer the following questions. (You may also need to refer to the footnotes.)

1) What is the par, or stated value of the common stock?  

2) How many shares of common stock have been issued?

Annual Report: Current year _____________ Last year _____________

3) How many shares of common stock are outstanding?

Annual Report: Current year _____________ Last year _______________

4) Does the company have any preferred stock? ______________________

If so, what is the: Par value _______ Dividend rate ___________

5) Does the company report any stockholders’ equity accounts other than contributed capital (capital stock), paid-in capital in excess of par (additional paid-in capital) and retained earnings?

List these accounts and their amounts (for example, treasury stock, accumulated other comprehensive income)

2015 Form 10-K: http://investor.apple.com/secfiling.cfm?filingid=1193125-15-356351&cik=320193

Explanation / Answer

Note: All amounts are in millions, except number of shares, which are reflected in thousands, and per share amounts

1) What is the par, or stated value of the common stock?  

Ans: Par Value of Common Stock is $0.01

2) How many shares of common stock have been issued?

       Annual Report: Current year _37,624 ,Last year _60,344__

3) How many shares of common stock are outstanding?

Annual Report: Current year __5,578,753___ Last year _5,866,161___

4) Does the company have any preferred stock? __No_____

If so, what is the: Par value _Not Applicable__ Dividend rate __Not Applicable_

5) Does the company report any stockholders’ equity accounts other than contributed capital (capital stock), paid-in capital in excess of par (additional paid-in capital) and retained earnings?

List these accounts and their amounts (for example, treasury stock, accumulated other comprehensive income)

Ans: Yes, Accumulated and Other Comprehensive Income/(Loss).

          Current Year (345), Last Year 1,082/-

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