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Authorized and available shares Aspin Corporation's charter authorizes issuance of 2,200,000 shares of common stock. Curr raise $91,000,000 for a plant expansion. Discussions with its investment bankers indicate that the sale of new common stock will a. What is the maximum number of new shares of common stock that the firm can sell without receiving further authorization from b. Judging by the data given and your finding in part a, do you think the firm will be able to raise the needed funds without receivi c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? a. The maximum number of new shares of common stock that the firm can sell without receiving further authorization is shares. (Round to the nearest whole number.) b. Judging on the basis of the data given and your finding in part a, will the firm be able to raise the needed funds without receiving A. No, the firm will require an additional 900,000 authorized shares to raise the necessary funds. O B. Yes, the firm will be able to raise the needed funds without receiving further authorization. O C. No, the firm will require an additional 400,000 authorized shares to raise the necessary funds. OD. No, the firm will require an additional 500,000 authorized shares to raise the necessary funds. c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? (Select the best answer b A. Aspin must amend its creditors to authorize the issuance of additional shares. B. Aspin must amend its corporate charter to authorize the issuance of additional shares C. Aspin can issue any number of additional shares without receiving further authorization D. Aspin must get approval from the board of directors to authorize the issuance of additional shares Click to selectere es issuance of 2,200,000 shares of common stock. Currently, 1,300,000 shares are outstanding, and 500,000 shares are being held as treasury stock. The firm wishes to bankers indicate that the sale of new common stock will net the firm $70 per share. e firm can sell without receiving further authorization from shareholders? firm will be able to raise the needed funds without receiving further authorization? number of shares found in part a? can sell without receiving further authorization is I the firm be able to raise the needed funds without receiving further authorization? (Select the best answer below.) es to raise the necessary funds. ceiving further authorization res to raise the necessary funds. res to raise the necessary funds. the number of shares found in part a? (Select the best answer below.) additional shares uance of additional shares aceiving further authorization horize the issuance of additional shares Authorized and available shares Aspin Corporation's charte raise $91,000,000 for a plant expansion. Discussions with its in a. What is the maximum number of new shares of common sto b. Judging by the data given and your finding in part a, do you t c. What must the firm do to obtain authorization to issue more th a. The maximum number of new shares of common stock that th shares. (Round to the nearest whole number.) b. Judging on the basis of the data given and your finding in part O A. No, the firm will require an additional 900,000 authorized si OB. Yes, the firm will be able to raise the needed funds without O C. No, the firm will require an additional 400,000 authorized sh OD. No, the firm will require an additional 500,000 authorized sha c. What must the firm do to obtain authorization to issue more than A. Aspin must amend its creditors to authorize the issuance of a B. Aspin must amend its corporate charter to authorize the issua c. Aspin can issue any number of additional shares without recei D. Aspin must get approval from the board of directors to authoriz Click poration's charter authorizes issuance of 2,200,000 shares of common stock. CL assions with its investment bankers indicate that the sale of new common stock w es of common stock that the firm can sell without receiving further authorization fra in part a, do you think the firm will be able to raise the needed funds without rece ion to issue more than the number of shares found in part a? common stock that the firm can sell without receiving further authorization is mber.) nd your finding in part a, will the firm be able to raise the needed funds without receivi al 900,000 authorized shares to raise the necessary funds. e needed funds without receiving further authorization. hal 400,000 authorized shares to raise the necessary funds. nal 500,000 authorized shares to raise the necessary funds. prization to issue more than the number of shares found in part a? (Select the best answer o authorize the issuance of additional shares. charter to authorize the issuance of additional shares. additional shares without receiving further authorization che board of directors to authorize the issuance of additional shares. shares of common stock. Currently, 1,300,000 shares are outstanding, and 50 sale of new common stock will net the firm $70 per share. Seiving further authorization from shareholders? the needed funds without receiving further authorization? in part a? further authorization is the needed funds without receiving further authorization? (Select the best answer funds. on. y funds. y funds. und in part a? (Select the best answer below.) es ation aditional shares hares are outstanding, and 500,000 shares are being held as treasury stock. The firm wishes to Der share. arization? norization? (Select the best answer below.) Authorized and available shares Aspin Corporation's charter authorizes issuance of 2,200,000 shares of common stock. Curren raise $91,000,000 for a plant expansion. Discussions with its investment bankers indicate that the sale of new common stock will ne a. What is the maximum number of new shares of common stock that the firm can sell without receiving further authorization from b. Judging by the data given and your finding in part a, do you think the firm will be able to raise the needed funds without receiving c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? a. The maximum number of new shares of common stock that the firm can sell without receiving further authorization is shares. (Round to the nearest whole number.) b. Judging on the basis of the data given and your finding in part a, will the firm be able to raise the needed funds without receiving O A. No, the firm will require an additional 900,000 authorized shares to raise the necessary funds. O B. Yes, the firm will be able to raise the needed funds without receiving further authorization. O C. No, the firm will require an additional 400,000 authorized shares to raise the necessary funds. O D. No, the firm will require an additional 500,000 authorized shares to raise the necessary funds. c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? (Select the best answer O A. Aspin must amend its creditors to authorize the issuance of additional shares. O B. Aspin must amend its corporate charter to authorize the issuance of additional shares. O c. Aspin can issue any number of additional shares without receiving further authorization. OD. Aspin must get approval from the board of directors to authorize the issuance of additional shares. Authorized and available shares Aspin Corporation's charter authorizes issuance of 2,200,000 shares of common stock. Curr raise $91,000,000 for a plant expansion. Discussions with its investment bankers indicate that the sale of new common stock will a. What is the maximum number of new shares of common stock that the firm can sell without receiving further authorization from b. Judging by the data given and your finding in part a, do you think the firm will be able to raise the needed funds without receivi c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? a. The maximum number of new shares of common stock that the firm can sell without receiving further authorization is shares. (Round to the nearest whole number.) b. Judging on the basis of the data given and your finding in part a, will the firm be able to raise the needed funds without receiving A. No, the firm will require an additional 900,000 authorized shares to raise the necessary funds. O B. Yes, the firm will be able to raise the needed funds without receiving further authorization. O C. No, the firm will require an additional 400,000 authorized shares to raise the necessary funds. OD. No, the firm will require an additional 500,000 authorized shares to raise the necessary funds. c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? (Select the best answer b A. Aspin must amend its creditors to authorize the issuance of additional shares. B. Aspin must amend its corporate charter to authorize the issuance of additional shares C. Aspin can issue any number of additional shares without receiving further authorization D. Aspin must get approval from the board of directors to authorize the issuance of additional shares Click to selectere es issuance of 2,200,000 shares of common stock. Currently, 1,300,000 shares are outstanding, and 500,000 shares are being held as treasury stock. The firm wishes to bankers indicate that the sale of new common stock will net the firm $70 per share. e firm can sell without receiving further authorization from shareholders? firm will be able to raise the needed funds without receiving further authorization? number of shares found in part a? can sell without receiving further authorization is I the firm be able to raise the needed funds without receiving further authorization? (Select the best answer below.) es to raise the necessary funds. ceiving further authorization res to raise the necessary funds. res to raise the necessary funds. the number of shares found in part a? (Select the best answer below.) additional shares uance of additional shares aceiving further authorization horize the issuance of additional shares Authorized and available shares Aspin Corporation's charte raise $91,000,000 for a plant expansion. Discussions with its in a. What is the maximum number of new shares of common sto b. Judging by the data given and your finding in part a, do you t c. What must the firm do to obtain authorization to issue more th a. The maximum number of new shares of common stock that th shares. (Round to the nearest whole number.) b. Judging on the basis of the data given and your finding in part O A. No, the firm will require an additional 900,000 authorized si OB. Yes, the firm will be able to raise the needed funds without O C. No, the firm will require an additional 400,000 authorized sh OD. No, the firm will require an additional 500,000 authorized sha c. What must the firm do to obtain authorization to issue more than A. Aspin must amend its creditors to authorize the issuance of a B. Aspin must amend its corporate charter to authorize the issua c. Aspin can issue any number of additional shares without recei D. Aspin must get approval from the board of directors to authoriz Click poration's charter authorizes issuance of 2,200,000 shares of common stock. CL assions with its investment bankers indicate that the sale of new common stock w es of common stock that the firm can sell without receiving further authorization fra in part a, do you think the firm will be able to raise the needed funds without rece ion to issue more than the number of shares found in part a? common stock that the firm can sell without receiving further authorization is mber.) nd your finding in part a, will the firm be able to raise the needed funds without receivi al 900,000 authorized shares to raise the necessary funds. e needed funds without receiving further authorization. hal 400,000 authorized shares to raise the necessary funds. nal 500,000 authorized shares to raise the necessary funds. prization to issue more than the number of shares found in part a? (Select the best answer o authorize the issuance of additional shares. charter to authorize the issuance of additional shares. additional shares without receiving further authorization che board of directors to authorize the issuance of additional shares. shares of common stock. Currently, 1,300,000 shares are outstanding, and 50 sale of new common stock will net the firm $70 per share. Seiving further authorization from shareholders? the needed funds without receiving further authorization? in part a? further authorization is the needed funds without receiving further authorization? (Select the best answer funds. on. y funds. y funds. und in part a? (Select the best answer below.) es ation aditional shares hares are outstanding, and 500,000 shares are being held as treasury stock. The firm wishes to Der share. arization? norization? (Select the best answer below.) Authorized and available shares Aspin Corporation's charter authorizes issuance of 2,200,000 shares of common stock. Curren raise $91,000,000 for a plant expansion. Discussions with its investment bankers indicate that the sale of new common stock will ne a. What is the maximum number of new shares of common stock that the firm can sell without receiving further authorization from b. Judging by the data given and your finding in part a, do you think the firm will be able to raise the needed funds without receiving c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? a. The maximum number of new shares of common stock that the firm can sell without receiving further authorization is shares. (Round to the nearest whole number.) b. Judging on the basis of the data given and your finding in part a, will the firm be able to raise the needed funds without receiving O A. No, the firm will require an additional 900,000 authorized shares to raise the necessary funds. O B. Yes, the firm will be able to raise the needed funds without receiving further authorization. O C. No, the firm will require an additional 400,000 authorized shares to raise the necessary funds. O D. No, the firm will require an additional 500,000 authorized shares to raise the necessary funds. c. What must the firm do to obtain authorization to issue more than the number of shares found in part a? (Select the best answer O A. Aspin must amend its creditors to authorize the issuance of additional shares. O B. Aspin must amend its corporate charter to authorize the issuance of additional shares. O c. Aspin can issue any number of additional shares without receiving further authorization. OD. Aspin must get approval from the board of directors to authorize the issuance of additional shares