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The authorized share capital of the Alfred Cake Company is 110,000 shares. The equity is currently shown in the company's books as follows: a. How

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The authorized share capital of the Alfred Cake Company is 110,000 shares. The equity is currently shown in the company's books as follows: a. How many shares are issued? b. How many shares are outstanding? c. How many more shares can be issued without the approval of shareholders

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