tracs.txstate.edu Question 5 of 30 2.0 Points Which of the following terms describes the number of shares that are currently owned by the shareholders? A outstanding shares O B. authorized shares ?c. treasury stock 0 D, issued shares Reset Selection Mark for Review What's This? Question 6 of 30 2.0 Points Which of the following is a preference given to the holders of preferred stock? 0 A.The right to vote before the OB. The right to recelve a specifled amount of dividends prior to any being paid to common stockholders. 0C. The right to be the last in the line for the company's assets upon liquidation common stockholders at the corporation's annual meeting D. All of these are normal preferences for preferred stockholders. Mark for Review What's This? 2.0 Points Question 7 of 30 ABC company issued common stock with par value $5 and preferred stock with stated value of $15. On Jan.1: 1,000 shares of common stock for $25 per share. On Dec 28: 1,000 shares of common stock for $35 per share