Authorized Stock & Outstanding Stock: Authorized Stock is the maximum stock that a company is legally permitted to issue. Companies cannot issue shares more than the authorized limit. Outstanding Stock are stocks held by the public out of issued stocks. In other words, stocks that are not bought back by the company are called outstanding stock. To Determine: Difference between Authorized Stock and Outstanding Stock

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Chapter 13, Problem 3RQ

To determine

Authorized Stock & Outstanding Stock:

Authorized Stock is the maximum stock that a company is legally permitted to issue. Companies cannot issue shares more than the authorized limit.

Outstanding Stock are stocks held by the public out of issued stocks. In other words, stocks that are not bought back by the company are called outstanding stock.

To Determine:

Difference between Authorized Stock and Outstanding Stock

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