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Author Question: A variation of the limit check is the reasonableness check. Indicate whether the statement is true ... (Read 66 times)

geoffrey

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on: Jul 5, 2018
A variation of the limit check is the reasonableness check.
  Indicate whether the statement is true or false

Question 2

Explain the difference between authorized, issued, treasury and outstanding stock.
 
  What will be an ideal response?


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irishcancer18

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Reply #1 on: Jul 5, 2018
Answer to Question 1

T

Answer to Question 2

Authorized stock is the total amount of stock that a corporation's charter will allow the corporation to sell to the public. Issued stock represents the amount of stock that a corporation has sold to the public. Treasury stock is a corporation's own stock that has been issued and bought back by the corporation. Outstanding stock is the shares that are issued minus the shares in treasury.


geoffrey

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

lkanara2

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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