Question

Chapter 11 Financial Planning Exercise 13 Interpreting stock report information Using the S&P report in Exhibit...

Chapter 11
Financial Planning Exercise 13
Interpreting stock report information

Using the S&P report in Exhibit 11.6, find the following information for Apple. If there is no appropriate data in the report, leave the entry field blank.

  1. What was the amount of revenues (i.e., sales) generated by the company in 2014?
    $    million
  2. What were the latest annual dividends per share and dividend yield? Round to two decimal places.
    $    a share
          %
  3. What were the earnings (per share) projections for 2015?
    $    a share
  4. How many common shares were outstanding?
        million
  5. What were the book value per share and earnings per share in 2014?
    $    book value per share
    $    earnings per share
  6. Where is the stock traded?
    NASDAQ
  7. How much long-term debt did the company have in 2014?
    $     million
  8. What was the company's effective tax rate in 2014?
    $    %

Homework Answers

Answer #1

(a): Amount of revenues (i.e., sales) generated by the company in 2014 was $183240 Million.

(b): Latest annual dividend = $.73 per share (Dec.2018)

       Latest annual dividend yield = 1.57% (In 2019)

(d): Common shares outstanding:

In 2014 = 6123 Million

In 2015 = 5793 Million

(e): Book value per share was $19.47.

       Earning per share (annual) was $6.45.

(f): Stock traded on NASDAQ.

(g): Long-term debt, company had in 2014 was $28990 Million.

(h): Company's effective tax rate in 2014 was 26.13%

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