Old Systems Are Known as Legacy Systems

question 2

True/False

Old systems are known as legacy systems.

---

Definitions:

Issued Shares

The total number of shares that a corporation has legally sold to investors, including those held by the public and the company's officers or insiders.

Outstanding Shares

Outstanding shares refer to the total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.

Cash Dividend

A payout of cash from a company's profits to its stockholders.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.