elements of equity Flashcards
1
Q
whats authorized share
A
total number of shares a company can sell
1
Q
whats a corporate charter
A
Also called Articles of incorporation.
documents that authorize the creation of a corporation. setting name and purpose and names of incorporators
2
Q
whats issued shares
A
total number of shares actually sold
3
Q
what’s outstanding shares
A
issued - treasury
4
Q
whats treasury stock/shares
A
firm getting back their own stock, reacquired shares arent considered to be outstandign
