A company whose charter autorizes 10 million shares has


A company whose charter autorizes 10 million shares, has sold 6 million to the public. Of these, 5 million are in the hands of investors today.

a) How many shares are issued?
b) How many shares are authorized but not issued?
c) How many shares are outstanding?
d) How many shares are in the treasury?

 

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Finance Basics: A company whose charter autorizes 10 million shares has
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