Question

Question: How many shares are authorized for common stock? Consolidated Balance Sheet In Millions, except per share data 12/31/16 12/31/15 ASSETS Current assets Cash and equivalents Accounts and notes receivable Inventories, at cost, not in excess of market Prepaid expenses and other current assets $1,223.4 1,474.1 58.9 565.2 1,527.0 4,848.6 $7,685.5 1,298.7 100.1 558.7 ssets of businesses held for sale Total current assets 9,643.0 Other assets Investments in and advances to affiliates Goodwill Miscellaneous Total other assets 725.9 2,336.5 1,855.3 4,917.7 792.7 2,516.3 1,869.1 5,178.1 Property and equipment Property and equipment, at cost Accumulated depreciation and amortization 37,692.4 (13,185.8) (14,574.8) 23,117.6 $ 37,938.7 34,443.4 21,257.6 $31,023.9 Net property and equipment Total assetsLIABILITIES AND SHAREHOLDERS EQUITY Current liabilities Accounts payable Income taxes Other taxes Accrued interest Accrued payroll and other liabilities Current maturities of long-term debt Liabilities of businesses held for sale Total current liabilities Long-term debt Other long-term liabilities Deferred income taxes Shareholders equity (deficit) Preferred stock, no par value; authorized - 165.0 million shares; issued - none Common stock, $.01 par value; authorized - 3.5 billion shares; issued - 1,660.6 million shares Additional paid-in capital Retained earnings Accumulated other comprehensive income Common stock in treasury, at cost; 841.3 and 753.8 million shares Total shareholders equity (deficit) Total liabilities and shareholders equity (deficit) $ 756.0 267.2 266.3 247.5 1,159.3 77.2 694.8 3,468.3 25,878.5 2,064.3 1,817.1 $ 874.7 154.8 309.0 233.1 1,378.8 2,950.4 24,122.1 2,074.0 1,704.3 16.6 16.6 6,533.4 44,594.5 (2,879.8) (52,108.6) (41,176.8) 7,087.9 $31,023.9 $ 37,938.7 6,757.9 46,222.7 (3,092.9) (2,204.3) 3,500,000,000 165,000,000 1,660,600,000 3.5 0

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Correct answer is 3.5 billion.

Correct answer is = 3,500,000,000

Please provide rating..

Add a comment
Know the answer?
Add Answer to:
Question: How many shares are authorized for common stock? Consolidated Balance Sheet In Millions, except per...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question: How many shares were outstanding for the year 2015? Consolidated Balance Sheet In Millions, except...

    Question: How many shares were outstanding for the year 2015? Consolidated Balance Sheet In Millions, except per share data 12/31/16 12/31/15 ASSETS Current assets Cash and equivalents Accounts and notes receivable Inventories, at cost, not in excess of market Prepaid expenses and other current assets Assets of businesses held for sale Total current assets $1,223.4 $7,685.5 1,474.1 58.9 565.2 1,527.0 4,848.6 1,298.7 100.1 558.7 9,643.0 Other assets Investments in and advances to affiliates Goodwill Miscellaneous Total other assets 725.9 2,336.5...

  • Best Buy Co., Inc. Consolidated Balance Sheets Dec.31 ($ in millions, except per share amounts) Assets...

    Best Buy Co., Inc. Consolidated Balance Sheets Dec.31 ($ in millions, except per share amounts) Assets December December 31, 2007 31, 2006 Vertical Common Size for 2007 Horizontal Common St $ 1,205 2,588 548 4,028 $ 748 3,041 449 3,338 409 7,985 712 9,081 Current Assets Cash and cash equivalents Short-term investments Receivables Merchandise inventories Other current assets Total current assets Property and Equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital lease Total Property and equipment...

  • Best Buy Co., Inc. Consolidated Balance Sheets Dec.31 (S in millions, except per share amounts) December...

    Best Buy Co., Inc. Consolidated Balance Sheets Dec.31 (S in millions, except per share amounts) December Assets December 31, 2007 Vertical Common Size for 2007 Horizont Common 31, 2006 $1,205 2,588 548 4,028 712 9,081 $ 748 3,041 449 3,338 409 7,985 Current Assets Cash and cash equivalents Short-term investments Receivables Merchandise inventories Other current assets Total current assets Property and Equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital lease Total Property and equipment Less accumulated...

  • CAMPBELL SOUP COMPANY Consolidated Balance Sheets (Millions, except per share amounts) July 30, 2017 319 605 902 74 1,9...

    CAMPBELL SOUP COMPANY Consolidated Balance Sheets (Millions, except per share amounts) July 30, 2017 319 605 902 74 1,900 2,454 2,115 1,118 139 $ 7,726 $ 1,037 666 561 111 20 Current assets Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total current assets Plant assets, net of depreciation Goodwill Other intangible assets, net of amortization Other assets ($51 as of 2017 attributable to variable interest entity) Total assets Current liabilities Short-term borrowings Payable to suppliers and...

  • Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except...

    Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except per share data) Sep 30, Oct 1, 2018 2017 ASSETS Current assets: Cash and cash equivalents $          8,756.30 $          2,462.30 Short-term investments 181.50 228.60 Accounts receivable, net 693.10 870.40 Inventories 1,400.50 1,364.00 Prepaid expenses and other current assets 1,462.80 358.10 Total current assets 12,494.20 5,283.40 Long-term investments 267.70 542.30 Equity and cost investments 334.70 481.60 Property, plant and equipment, net 5,929.10 4,919.50 Deferred income...

  • The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of...

    The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of Hotel California for the 2013 fiscal year. (Certain amounts have been replaced with question marks to test your understanding of balance sheets.) In addition, you’re provided with the following information from an analysis of Hotel California’s financial position at the same date: Current ratio = 4.78 Acid-test ratio = 0.968 Debt-to-equity ratio = 1.35 Compute the missing amounts (rounded to the nearest $ in...

  • Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) Assets 2006 2005...

    Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) Assets 2006 2005 Liabilities and Stockholders' Equity 2006 2005 Current Assets ​ ​ Current Liabilities ​ ​ Cash 56.1 58.5 Accounts payable 88.1 73.5 Accounts receivable 54.5 39.6 Notes payable / short-term debt 10.9 9.6 Inventories 44.8​ 42.9 Current maturities of long-term debt 40.7 36.9 Other current assets 5.0 3.0 Other current liabilities 6.0 12.0 Total current assets 160.4​ 144.0 Total current liabilities 145.7​ 132.0 ​ ​...

  • Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments...

    Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 640,000 530,000 2,280,000 220,000 $3,670,000 $ 440.000 830,000 2,400,000 $3,670,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $160,000; accounts receivable (net). $210,000; inventory, $235,000; and prepaid insurance, $35,000 b. Investments: investment in equity securities, short term,...

  • Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments...

    Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 660,000 545,000 2,420,000 230,000 $3,855,000 $ 460,000 695,000 2,700,000 $3,855,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $165,000; accounts receivable (net). $215,000; inventory $240,000; and prepaid insurance, $40,000, b. Investments: Investment in equity securities, short term,...

  • Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands...

    Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 29, 2018 September 30, 2017 ASSETS Current assets: Cash and cash equivalents 25,913 20,289 Marketable securitles 40.388 53.892 Accounts receivable, net 23,186 17,874 Inventories 3.956 4.855 Vendor non-trade receivables 25,809 17,799 Other current assets 12.087 13.936 Total current assets 128,645 131,339 Non-current assets Marketable securities 170.799 194.714 Property, plant and equipment, net 41,304 33,783 Other non-current assets 22,283 18.177 Total...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT