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Joe Moyer, your uncle, is an inventor who has decided to incorporate. Uncle Moyer knows that you are an accounting major at U.N.O. In a
Joe Moyer, your uncle, is an inventor who has decided to incorporate. Uncle Moyer knows that you are an accounting major at U.N.O. In a recent letter to you, he ends with the question, Im filling out a state incorporation application. Can you tell me the difference in the following terms: (1) authorized stock, (2) issued stock, (3) outstanding stock, and (4) preferred stock?\ \ \ Your post should include:\ \ In a brief note, differentiate for Uncle Earl among the four different stock terms. Write the letter to be friendly, yet professional.
Joe Moyer, your uncle, is an inventor who has decided to incorporate. Uncle Moyer knows that you are an accounting major at U.N.O. In a recent letter to you, he ends with the question, Im filling out a state incorporation application. Can you tell me the difference in the following terms: (1) authorized stock, (2) issued stock, (3) outstanding stock, and (4) preferred stock?\ \ \ Your post should include:\ \ In a brief note, differentiate for Uncle Earl among the four different stock terms. Write the letter to be friendly, yet professional.
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