1. Big P’s Cookies has net income of $372. The firm pays out 56 percent of the net income to its shareholders as dividends. During the year, the company sold $100 worth of common stock. What is the cash flow to stockholders?
2. This is the Apple Case Study. As a consultant to Apple Inc. what alternatives does the company have going forward regarding their tax strategies? 3. What would you recommend to the executive team. 4. What do you recommend the company do about their tax strategies going forward?