The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock . The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive. Requirement 1 • Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014. • How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

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Answer 1

Question

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

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Benz Corporation applies overhead costs to jobs based on direct labor costs. Job P, partially completed at year-end, shows charges of $4,250 for direct materials and $7,200 for direct labor. A previously completed Job Q had $12,500 in direct labor with $8,750 in overhead costs. a. Should any overhead cost be applied to Job P at year-end? b. How much overhead cost should be applied to Job P?

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Answer 2

Question

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

Expert Solution & Answer

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Answer 3

Question

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

Expert Solution & Answer

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Answer 4

Question

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

Expert Solution & Answer

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Answer 5

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

Answer 6

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

Answer 7

Chapter 13, Problem 1BTN

To determine

Concept Introduction:

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock. The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive.

Requirement 1

• Shares of Common Stock issued and outstanding at September 26, 2015 and September 27, 2014.

• How do these numbers compare with the basic weighted-average common shares outstanding at September 26, 2015 and September 27, 2014?

Answer 8

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

Answer 9

To determine

Requirement 2

Book value of its entire common stock at September 26, 2015

Answer 10

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

Answer 11

To determine

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

Answer 12

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

Answer 13

To determine

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

Answer 14

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

Answer 15

To determine

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

Answer 16

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

Answer 17

To determine

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

Answer 18

Expert Solution & Answer

Answer 19

Expert Solution & Answer

Answer 20

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Answer 21

Ch. 13 - Prob. 1DQ Ch. 13 - Prob. 2DQ Ch. 13 - Prob. 3DQ Ch. 13 - Prob. 4DQ Ch. 13 - Prob. 5DQ Ch. 13 - Prob. 6DQ Ch. 13 - Prob. 7DQ Ch. 13 - Prob. 8DQ Ch. 13 - Prob. 9DQ Ch. 13 - Prob. 10DQ

Requirement 2 Book value of its entire common stock at September 26, 2015

Requirement 3 Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

Requirement 4 To identify and Compare: Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

Requirement 5 Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

Requirement 6 To identify: If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.

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Chapter 13 Solutions

Requirement 2

Book value of its entire common stock at September 26, 2015

Requirement 3

Cash dividends paid to common stockholders for the year September 26, 2015 and September 27, 2014.

Requirement 4

To identify and Compare:

Basic EPS amounts across fiscal years 2015, 2014 and 2013 and comment on any notable changes.

Requirement 5

Number of shares Apple hold in treasury stock for September 26, 2015 and September 27, 2014.

Requirement 6

To identify:

If the outstanding shares have increased after 2015 and has the increased the total amount of cash dividends paid when compared with 2015.