Problem

The 2005 balance sheet for Carnival Corporation indicates that the company has 1,960 milli...

The 2005 balance sheet for Carnival Corporation indicates that the company has 1,960 million shares of common stock authorized, of which approximately 640 million are outstanding.

a. How many additional shares of common stock could Cynsisa Corporation sell?


b. How are the shares that have not yet been issued included in the company's balance sheet? Do they represent an asset of the company?

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