Financial Reporting Problem: Two parts, writing homework help

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Business Finance

Description

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 and the interrelationship of financial statements. The assignment requires obtaining information that appears on the (1) Consolidated Statements of Operations (2) Consolidated Balance Sheets, and (3) Consolidated Statement of Cash Flows for Apple, Inc.

Assignment Steps

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

Note: This is a two- part assignment. Both parts will be combined and submitted in one 1500- 1900- word essay saved as a MS Office Word attachment.

Part 1

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

Section headings are required for this assignment. Identify the first section heading as Statement of Cash Flows. This section will follow the essay introduction paragraph. Under this section discuss your answers for questions (a) -(f). Conclude this section with an analysis of the company's management of cash based on your discussion regarding the statement of cash flows.

Enter your answers and supporting calculations on the provided Excel® Workbook.

Part 2

The second section heading for your essay will be identified as Common Stock (after the first section heading, Statement of Cash Flows). In this section answer and discuss 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?

The third section heading for your essay will be identified as Ratio Analysis (after the section heading, Common Stock). Answer and discuss the questions below.

  • Calculate the payout ratio, earnings per share, and return on common stockholders' equity for 2014.
  • What do these ratios indicate about the financial performance of the company?

The essay will comply with APA formatting guidelines. Introduction and conclusion paragraphs are required. As noted above, the essay will have the following section headings: (1) Statement of Cash Flows, (2) Common Stock, and (3) Ratio Analysis. The questions above are not to be used as section headings. Avoid stating the questions in the body of the essay. Please note that essay submissions saved as a MS Office Excel or another type of software attachment will not be accepted for grading.

The essay will not be supported if cited sources (in-text citations and References page) are omitted. If the instructor is not able to access the electronic copies by the provided URL links the essay is not supported.

Use the Week 1 Excel® Workbook (provided with the assignment instructions) to show the answers and supporting calculations for Part 1.

Click the Assignment Files tab to submit the 1,500-1,900-word essay saved as a MS Office Word® attachment and the completed Excel® Workbook saved as a MS Office Excel® attachment.

Unformatted Attachment Preview

Name Section Date Chapter 12 Financial Reporting Problem Apple Inc. 2014 (a) Net cash provided by operating activities (in millions) (b) (c) (d) (e) (f) 713 2013
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Explanation & Answer

Here is the answer. Thanks

Ratios
Eanings Per Share (EPS)
Payout Ratio
Return on Common Shareholder’s Equity

Net Income Available to Common
Stock Holder
Total Number of Common Shares
Outstanding
Dividend Per Share

39510
6086
1,81

Sharehodler's Equity (As on 28
September 2013)

111547

Sharehodler's Equity (As on 27
September 2014)

123549

Formula
Net Income Available For Common Shareholders / Total Number of Common Shares Outstanding
Dividend Per Share/ Earnings Per Share
Net Income Available for Common Shareholders / Average Shareholders Equity

Value
6,49
27,88%
33,61%


Assignment Title: Financial Reporting of Apple Incorporation
Course Name:
Teacher’s Name:
Student’s Name:
Submission Date:

Introduction
The survival of a business organization largely depends upon cash flow managing
capacity, and availability of the cash balance of it (Brigham & Ehrhardt, 2014). Cash flow
statement refers to a statement that represents the cash flows from the different sources
(including operating activities, investing activities, and financing activities), and year ended cash
balance of a company for a specific time period (Peterson & Fabozzi, 2008). The detailed picture
of the cash flow performance and cash position of a company can be obtained from the review
and analysis of its cash flow statement (Petty, Titman, Keown, & Martin, 2015). The leverage
position of a company is improved from the issuance of additional common stock (Peterson &
Fabozzi, 2008). The news regarding issuance of additional common stock can be obtained from
the review of shareholder’s equity section of the balance sheet. Market performance of a
company can be assessed through its return generating capacity for the common shareholders
(Brigham & Ehrhardt, 2014). Earnings Per share (EPS), payout ratio, and return on common
shareholders equity are widely used market performance ratios to assess and evaluate the return
generation for the shareholders (Petty, Titman, Keown, & Martin, 2015).
This paper aims at analysis of the cash flow statement, shareholders equity, and market
performance ratios of the Apple Incorporation for the Year ended 27 September 2014 to assess
and evaluate its cash flow performance and...


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