Will the Number of Shares of Stock Issued and the Number

question 54

Essay

Will the number of shares of stock issued and the number of shares of stock outstanding always be the same? Why or why not?

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Definitions:

Rental Income

Income received from renting out property or real estate, which is typically subject to income tax.

Schedule C

A form used by sole proprietors to report their business income and expenses to the IRS.

Flow-Through Entities

Business structures where income passes directly to the owners or investors, avoiding corporate income tax.

Intangible Property

Refers to non-physical assets owned by a business or individual, such as patents, trademarks, copyrights, and business goodwill.