The document outlines a two-part assignment focusing on financial accounting, requiring an analysis of cash management and a summary of findings regarding Apple's common stock. It includes tasks such as calculating the par value per share, stock issuance percentage, outstanding shares, payout ratio, earnings per share, and return on equity for 2014. The assignment emphasizes the need for detailed analysis and conclusions based on financial data.

1. 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?

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