A corporations common stock shares will be defined in three ways: shares authorized, shares issued, and...
A corporations common stock shares will be defined in three ways: shares authorized, shares issued, and shares outstanding.
A. True
B. False
Homework Answers
The answer is option A True
Explanation:
Shares Authorised - The number of shares corporation is allowed to issue
Shares issued - The number of shares issued by corporation
Shares outstanding - Shares owned by outsider inventors
Therefore there is relationship among them as Shares authorised are always greater than or equal to shares issed
Shares issed are always greater than or equal to shares outstanding.
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