The maximum number of shares a corporation is authorized to issue is known as authorized shares capital, whereas outstanding shares are a total number of shares actually issued out of authorized capital. The authorized and outstanding shares of Apple Inc. for fiscal 2017. The number of shares issued and outstanding

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Chapter 11, Problem 15DQ

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Introduction: The maximum number of shares a corporation is authorized to issue is known as authorized shares capital, whereas outstanding shares are a total number of shares actually issued out of authorized capital.

The authorized and outstanding shares of Apple Inc. for fiscal 2017. The number of shares issued and outstanding

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