APPLE OR MICROSOFT I NEED 3 PAGES Question 2 Individually, select a public compa
ID: 2510590 • Letter: A
Question
APPLE OR MICROSOFT
I NEED 3 PAGES
Question 2 Individually, select a public company that interests you. Obtain the company's most recer Form 10-K. The Form 10-K is a company's annually required filing with the Securities ar Commission (SEC). It includes the company's financial statements and accompanying no can be obtained either (A) from the investor relations section of the company's Web site company search feature of the SEC's EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html Based on the information in the company's most recent annual report, determine the follo Name of the corporation State of incorporation 3-4 . Nature of its operations Total assets reported on the most recent balance sheet taliabiites reporied on the most recent balance sheet 5. Total stockholders' equity reported on the most recent balance sheet 7. Total revenues reported on the most recent income statement 8. Net income reported on the most recent income statement 9. The number of shares of common stock authorized, issued, and outstanding 10. The par value per share of each class of stock 11. Market price of the stock outstanding 12. High and low price of the stock for the past year 13. Cash dividends paid for each share of stock during the past yea Choose one question only. And make sure your project looks presentable and cleaExplanation / Answer
The company that I have selected is APPLE. Its latest 10k was filed on 11/3/17 for the period ending 9/30/17.
1. APPLE INC.
2. CALIFORNIA
3. The company is in the business of designing, manufacturing and marketing devices in the domain of mobile communication, media and personal computers. The company also sells related software, services, accessories, as well as networking solutions. The company has also entered into the domain of selling third party digital content as well as applications.
Its different products are iPhone, iPad, Mac, Apple watch, Apple TV. Its software applications are iOS, macOS, watchOS, and tvOS.
4. Total assets = $375,319 (in millions)
5. Total liabilities (excluding shareholder’s equity) = $241,272 (in millions)
6. Total stockholder’s equity = $134,047 (in millions)
7. Total revenue = $229,234 (in millions)
8. Net income = $48,351 (in millions)
9. No. of shares authorized = 12,600,000
No. of shares issued = 5,126,201
No. of shares outstanding = 5,336,166
10. Par value = $0.00001. There is only one class of shares and that is common stock.
11. Market price (as on April 13th 2018) = $174.73. Market price on the last day of the financial year 2017 i.e on September 29th 2017 = $154.12
12. High price = $164.94 and low price = $104.08 (for the financial year 2017)
13. Cash dividends for 2017 = $2.40