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What are the five different modes of adaptation that were developed by Merton?
Outstanding Shares
The aggregate amount of a company's shares that have been distributed and are owned by investors.
Stockholders' Equity
Represents the equity stake currently held on a company’s balance sheet by its shareholders, calculated as the company's total assets minus its total liabilities.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.
Stockholders' Equity
The owners' residual interest in the assets of a corporation, after deducting its liabilities.
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