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5) What is the most likely reason that the Statement of Financial Position for ABC Company is reporting more shares issued than are currently outstanding?
5) What is the most likely reason that the Statement of Financial Position for ABC Company is reporting more shares issued than are currently outstanding? A)ABC forced the conversion of an existing convertible bond issue B)ABC issued more shares than are authorized under its Charter C)ABC authorized more shares to be issued than outstanding D)Some of ABC's shares have been redeemed from the market
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