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Business, 25.02.2020 16:21 TrueKing184

Apple, Inc. Balance Sheet below. Company stock was issued at a premium, but the company has only a nominal par value assigned to its stock. In which line item was the amount reported? Shareholders' equity: 2016 2017 Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,126,201 and 5,336,166 shares issued and outstanding, respectively 35,867 31,251 Retained earnings 98,330 96,364 Accumulated other comprehensive income/(loss) (150) 634 Total shareholders' equity 134,047 128,249

a. Accumulated Other Comprehensive Income
b. Long-term Marketable Securities
c. Deferred Revenue
d. Retained Earnings
e. Common Stock and Additional Paid-in Capital

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