FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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; 5,695 and 5,751 shares issued and outstanding at July 30, 2016, and July 25, 2015, respectively 46,404
Retained earnings 19,396
Accumulated other comprehensive income (326)
Total Cisco shareholders' equity 65,474
Noncontrolling interests (1)
Total equity $65,473


For the $46,404 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
 
Additional paid-in capital            
 



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

 

 

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