Assume the following is the 2016 stockholders' equity section from the Cisco Systems, Inc., balance sheet.Shareholders’ Equity (in millions, except par value)July 30, 2016Preferred 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; 6,331 shares issued and outstanding at July 30, 201622,394Retained Earnings506Accumulated other comprehensive income274Total shareholders’ equity$23,174 For the $22,394 million reported as “common stock and additional paid-in capital,” what portion is common stock?

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Asked Dec 8, 2019
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Assume the following is the 2016 stockholders' equity section from the Cisco Systems, Inc., balance sheet.
Shareholders’ Equity (in millions, except par value) July 30, 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; 6,331 shares issued and outstanding at July 30, 2016 22,394
Retained Earnings 506
Accumulated other comprehensive income 274
Total shareholders’ equity $23,174
 

For the $22,394 million reported as “common stock and additional paid-in capital,” what portion is common stock?
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Common stock: Common stock is the cash raised by the company by issuing common or ordinary shares to the stockholders. This is an investment for the ...

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