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TRUE OR FALSE Outstanding shares are the number of shares sold or conveyed to owners.

TRUE OR FALSE Outstanding shares are the number of shares sold or conveyed to owners.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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TRUE OR FALSE

Outstanding shares are the number of shares sold or conveyed to owners.

Expert Solution
Explanation -

Shareholders -

Shareholder is the person or an entity holding shares of the company. The person holding shares and whose name is recorded in the register of shareholder's of the company.

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