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?
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?
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.12AMCP
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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 |
---|---|
$- | |
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 |
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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