Distinguishing Between Common Stock and Additional Paid-in CapitalFollowing is the 2016 stockholders' equity section from the Cisco Systems Inc. balance sheet.Shareholers' Equity (in millions, except par value)July 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; 6,917 and 6,973 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively51,182Retained earnings19,396Accumulated other comprehensive income(326)Total Cisco shareholders' equity70,252Noncontrolling interests(1)Total equity$70,251For the $51,182 million reported as "common stock and additional paid-in capital," what portion is common stock and what portion is additional paid-in capital?Round to the nearest million.Common stockAnswer Additional paid-in capitalAnswer Cisco’s stock price was $30.53 on July 29, 2016 (the closest trading day to fiscal year-end). Determine Cisco’s market capitalization that day.Round to the nearest million. Enter answer in millions.$Answer million

Outstanding shares: Share outstanding refers to the number of shares current held by its shareholders.

Answered: Distinguishing Between Common Stock and…

FINANCIAL ACCOUNTING

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Distinguishing Between Common Stock and Additional Paid-in Capital
Following is the 2016 stockholders' equity section from the Cisco Systems Inc. balance sheet.

Shareholers' Equity (in millions, except par value)	July 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; 6,917 and 6,973 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively	51,182
Retained earnings	19,396
Accumulated other comprehensive income	(326)
Total Cisco shareholders' equity	70,252
Noncontrolling interests	(1)
Total equity	$70,251

For the $51,182 million reported as "common stock and additional paid-in capital," what portion is common stock and what portion is additional paid-in capital?

Round to the nearest million.

Common stock	Answer
Additional paid-in capital	Answer

Cisco’s stock price was $30.53 on July 29, 2016 (the closest trading day to fiscal year-end). Determine Cisco’s market capitalization that day.
Round to the nearest million. Enter answer in millions.
$Answer

million

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