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For the $51,182 million reported as \"common stock and additional paid-in capita

ID: 2788801 • Letter: F

Question


For the $51,182 million reported as "common stock and additional paid-in capital," what portion is common stock and what portion is additional paid-in capital?

Round to the nearest million.

Shareholers' Equity (in millions, except par value) July 2016 Preferred stock, no par value: 5 shares authorized; none issued and outstanding $ - Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 6,917 and 6,973 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively 51,182 Retained earnings 19,396 Accumulated other comprehensive income (326) Total Cisco shareholders' equity 70,252 Noncontrolling interests (1) Total equity $70,251

Explanation / Answer

Common Stock:

6917 x 0.001 = 6.917

6973 x 0.001 = 6.973

Total = 6.917 + 6.973 = 13.89

Additional paid-in capital = 51182 - 13.89 = 51168.11

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