Question
11 If a corporation is authorized to issue 1,000 shares of $5 common stock, it is said to have: 1. $5,000 of stock authorized and
11
If a corporation is authorized to issue 1,000 shares of $5 common stock, it is said to have:
1. $5,000 of stock authorized and outstanding.
2. $5,000 of stock outstanding.
3. 1,000 shares issued.
4. 1,000 shares authorized.
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Digging For Disclosure Tactics For Protecting Your Firms Assets From Swindlers, Scammers, And Imposters
Authors: Kenneth S. Springer, Joelle Scott
1st Edition
0131385569, 9780131385566
