Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

For the $42,628 million reported as \"common stock and additional paid-in capita

ID: 2578969 • Letter: F

Question


For the $42,628 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; 4,374 and 4,430 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively 42,628 Retained earnings 19,396 Accumulated other comprehensive income (326) Total Cisco shareholders' equity 61,698 Noncontrolling interests (1) Total equity $61,697

Explanation / Answer

Common stock 4374*0.001 $        4.3740 million Additional paid-in capital 42628-4.374 $42,623.6260 million