The Number of Shares Currently in the Hands of Shareholders

question 10

Multiple Choice

The number of shares currently in the hands of shareholders is the same as the number of shares:

• A) proposed by the board of directors
• B) authorized
• C) issued
• D) outstanding

---

Definitions:

Return on Total Assets

A profitability ratio that measures net income produced by total assets within a period.

Financial Information

Data that pertains to the financial status, performance, and changes in financial condition of an entity.

Days' Sales Uncollected

A measure of how quickly a company converts its accounts receivable into cash, indicating the average number of days sales remain uncollected.

Financial Information

Data concerning the financial status or operations of an entity, including statements and transactions.