Question: Purpose of Assignment

The purpose of this assignment is to expose you to the basic process involved in the analysis of the cash flow statement.

Steps

Resources: Appendix A of Financial Accounting: Tools for Business Decision Making

Note: This is a two part assignment.

Part 1: Answer questions A-F in problem CT12-1 in Financial Accounting (p. 640).

- Provide an 875-word analysis of your findings.

- Include conclusions concerning the management of the company's cash.

Part 2: Complete a 1,050-word summary of findings and recommendations from the following questions:

- What is the par or stated value per share of Apple's common stock?

- What percentage of Apple's authorized common stock was issued at September 27, 2014?

- How many shares of common stock were outstanding at September 28, 2013, and at September 27, 2014?

- Calculate the payout ratio, earnings per share, and return on common stockholders' equity for 2014.

- Use the Week 5 Excel® spreadsheet and submit with your analysis and summary.