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need asap The authorized share capital of the Alfred Cake Company is 160,000 shares. Currently 28,000 shares are issued and outstanding. The equity is currently
need asap The authorized share capital of the Alfred Cake Company is 160,000 shares. Currently 28,000 shares are issued and outstanding. The equity is currently shown in the company's books as follows o. How many more shares can be issued without the approval of shareholders? b. If the company issues 11,600 shares at $7.72 a share, show how this will appear in the company's books. (Enter your onswers in thousands of dollars. Round your answers to 1 decimal place.)
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