Examlex
Which of the following is included in the numerator of the acid-test ratio?
Authorized Stock
This refers to the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.
Treasury Stock
Shares that were issued and later reacquired by the issuing company, reducing the amount of stock in the market.
Issued Stock
The number of shares that have been allocated (sold or given) and are held by shareholders, including both public investors and company officers or insiders.
Outstanding Stock
The total shares of a company's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.
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