Do not give answer in image and hand writing Total shareholders' equity, beginning balancesCommon stock and additional paid-in capital:Beginning balancesApple Inc.CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY(In millions, except per share amounts)Common stock issuedCommon stock withheld related to net share settlement of equityawardsShare-based compensationTax benefit from equity awards, including transfer pricingadjustmentsEnding balancesRetained earnings:Beginning balancesNet incomeDividends and dividend equivalents declaredCommon stock withheld related to net share settlement of equityawardsCommon stock repurchasedCumulative effects of changes in accounting principlesEnding balancesAccumulated other comprehensive income/(loss):Beginning balancesOther comprehensive income/(loss)Cumulative effects of changes in accounting principlesEnding balancesTotal shareholders' equity, ending balancesDividends and dividend equivalents declared per share or RSUSeptember 28,2019$$$107,147 $40,201781(2,002)6,194-45,17470,40055,256(14,129)(1,029)(67,101)2,50145,898(3,454)2,781Years endedSeptember 29,2018134,04789(584)90,488 $3.00 $35,867669(1,778)5,44340,20198,33059,531(13,735)(948)(73,056)27870,400(150)(3,026)(278)(3,454)107,1472.72 4. Calculate Apple's dividend payout, stock repurchase payout, and total payout for 2018 and 2019.Round your answers to two decimal places.Dividend PayoutRepurchase Payout2019%Apple is attempting to return capital of $%%2018Total PayoutWhat are Apple's objectives with their dividend policy and stock repurchase plan (see the "Capital Return Program" portion of Item 7: Management Discussion andAnalysis)?%per share per quarter. Further, it intends to%%billion to shareholders through a share repurchase plan. As for dividends, Apple is paying out approximately $its dividends on an annual basis.

Investor ratios are the ratios of interest to investors of a business entity. These ratios help the…

Answered: 4. Calculate Apple's dividend payout,…

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter11: Stockholders' Equity

Section: Chapter Questions

Problem 11.1E

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Similar questions

Which of the following measures the portion of a corporations profit allocated to each outstanding share of common stock? A. retained earnings B. EPS C. EBITDA D. NOPAT
Stockholder Payout Ratios The following information pertains to Milo Mindbender Corporation: Required: Calculate the dividend yield, dividend payout, and total payout. (Note: Round answers to two decimal places.)
Share dividends distributed shall be reported as a note to financial statement a reduction in total shareholders' equity an addition to share capital outstanding a current liability
Match each of the following terms with the correct definition: a. additional paid-in capitalb. issued and outstandingc. retained earningsd. treasury stocke. authorized share capitalf. par value Correct Definitions:A. The price at which each share is recorded in the company’s booksB. Held by investorsC. Cumulative amount of profits that have been plowed backD. The difference between the amount of cash raised by an equity issue and the par value of the issueE. The maximum number of shares that can be issued without shareholder approvalF. The amount that the company has spent buying back stock that it has not subsequently resold
What terminology best describes the EPS (earnings per share) formula below? Net income available to common stockholders/ (number of shares outstanding+ potential shares from employee options and convertible debt) A-diluted EPS B-Basic EPS C- operating EPS D- adjusted EPS
Indicate the effects of each of the following transactions on Assets, Liabilities, Share Capital and Retained Earnings. Use + for increase, - for decrease, and 0 for no effect. Share Retained Assets Liabilities Capital Earnings 1. Declaration of cash dividends 2. Payment of cash dividends 3. Declaration of share dividends 4. Issuance of share dividends 5. A share split 6. Cash purchase of treasury stock 7. Sale of treasury stock below cost
How would the share dividends distributable account balance be presented on the statement of financial position? * a. as part of current liabilities b. as addition to share capital c. as addition to retained earnings d. as addition to additional paid in capital
Match each of the following terms with the correct definition: a. additional paid-in capitalb. issued and outstandingc. retained earningsd. treasury stocke. authorized share capitalf. par value Correct Definitions:A. The price at which each share is recorded in the company’s booksB. Held by investorsC. Cumulative amount of profits that have been plowed backD. The difference between the amount of cash raised by an equity issue and the par value of the issueE. The maximum number of shares that can be issued without shareholder approvalF. The amount that the company has spent buying back stock that it has not subsequently resold SELECTED FORMULAS PVIFA = PVIF = requity = rassets + (rassets – rdebt) PV of tax shield = = Tc *DWACC = (1-Tc) * *() + *()
Cash dividends declared but not paid as of the statement of financial position date are reported as a. current liabilityb. deduction from Cashc. addition to Share Capitald. addition to Additional Paid-in Capital
Indicate the effect of each of the following transactions on total equity by selecting the appropriate column Increase Decrease No Effect Operating loss for the period Declaration of a share dividend Acquisition of machinery for ordinary shares Conversion of bonds payable into ordinary Declaration of cash dividend Payment of cash dividend Stock Split Appropriation of retained earnings
Dividends in arrears on preference shares are reported in the financial statements as a (an) a. liabilityb. reduction from Retained Earningsc. reduction from Retained Earningsd. expense
Which of the following changes the total shareholder's equity balance? Issuance of share certificates due to subscription receivable fully paid Declaration of cash dividends Issuance of share rights Declaration of large bonus issue

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