Authorized shares represent the: a. number of shares that have been sold. b. number of shares that

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Authorized shares represent the:

a. number of shares that have been sold.

b. number of shares that are currently held by shareholders.

c. number of shares that have been repurchased by the corporation.

d. maximum number of shares that can be issued.

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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