Briefly describe each of the following terms: authorized shares, issued shares, and outstanding shares.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Authorized shares are the maximum number of shares the ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
Question Posted:
Students also viewed these Accounting questions
-
Briefly describe each of the following financial institutions: commercial banks, investment banks, mutual funds, hedge funds, and private equity companies.
-
Briefly describe each of the following motives for merging: (a) Growth or diversification, (b) Synergy, (c) Fund raising, (d) Increased managerial skill or technology, (e) Tax considerations, (f)...
-
Briefly describe each of the following and explain how it is used in technical analysis: a. Breadth of the market b. Short interest c. Odd-lot trading
-
Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery bags, styrofoam cups, and fertilizers, to estimate the firms weighted...
-
Continuing the preceding problem, suppose that another key uncertain input is the development time, which is measured in an integer number of months. For each of the following scenarios, choose an...
-
A manufacturer of integrated circuits is planning production for the next four months. The forecast demand for the circuits is shown in the following table. At the beginning of September, the...
-
E2-11 Adjust investment account and determine income when additional investment qualifies for equity method of accounting Summary balance sheet and income information for Son Company for two years is...
-
Hermann Industries is forecasting the following income statement: Sales $8,000,000 Operating costs excluding depr. & amort. 4,400,000 EBITDA $3,600,000 Depreciation & amortization 800,000 EBIT...
-
Based on a predicted level of production and sales of 18,000 units, a company anticipates total variable costs of $59,400, fixed costs of $18,000, and income of $100,980. Based on this information,...
-
Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Calculate the net pay from the information provided below for the November 15 pay date. Assume that all wages are...
-
Briefly describe what each of the following features means in a preferred share issue: participating, cumulative, convertible, and redeemable. Discuss.
-
Explain why knowledge of a business is important when using ratio analysis. What aspects of the business should you learn more about?
-
Which type of communication is most likely to be misinterpreted by employees? A. Written messages. B. Face-to-face communication. C. Nonverbal communication. D. Diagonal communication.
-
A farmer has an acre of specialty vegetables and is preparing for the summer harvest. Historically, this acre has yielded an average of 2,100 lbs of product with a standard deviation of 950 lbs. A...
-
Solve 3x 82+22 = (4).
-
(c) Compute EVPI and EVSI (in thousands of dollars). (Round your answers to one decimal place.) EVPI $ 3.6 EVSI $ 3.6 Xthousand x thousand Discuss whether the firm should consider a consulting expert...
-
Question 9 (1 point) If the common law requires employees of a bar establishment to monitor a potentially intoxicated patron and to possibly make an effort to intervene if there is an indication the...
-
B. A velocity potential is given by the equation: Q = x-y 3. (10 pts) Short answer, What special characteristics of the velocity potential make it very useful in identifying a type of flow and...
-
We consider a leveraged fund with factor \(\beta: 1\) on an index \(\left(S_{t}ight)_{t \in \mathbb{R}_{+}}\)modeled as the geometric Brownian motion \[ d S_{t}=r S_{t} d t+\sigma S_{t} d B_{t},...
-
How do individual companies respond to economic forces throughout the globe? One way to explore this is to see how well rates of return for stock of individual companies can be explained by stock...
-
Using learning curve formulas The finishing department of Barbella Furniture Company usually experiences a 96 percent learning curve with new products and typically requires 6 doublings of production...
-
Describe the three financial statements: balance sheet, income statement, and the statement of cash flows. Explain how they are used and what information is contained in them.
-
Explain the goals of financial analysis in detail.
-
Explain profitability ratios, liquidity ratios, and asset management ratios and their purpose in the financial analysis process.
-
ABC Company engaged in the following transaction in October 2 0 1 7 Oct 7 Sold Merchandise on credit to L Barrett $ 6 0 0 0 8 Purchased merchandise on credit from Bennett Company $ 1 2 , 0 0 0 . 9...
-
Lime Corporation, with E & P of $500,000, distributes land (worth $300,000, adjusted basis of $350,000) to Harry, its sole shareholder. The land is subject to a liability of $120,000, which Harry...
-
A comic store began operations in 2018 and, although it is incorporated as a limited liability company, it decided to be taxed as a corporation. In its first year, the comic store broke even. In...
Study smarter with the SolutionInn App