Outstanding Shares Represent the

question 90

Multiple Choice

Outstanding shares represent the

• A)number of previously issued shares that have been repurchased by the corporation.
• B)number of shares that the corporation has sold.
• C)number of shares that are currently held by stockholders.
• D)maximum number of shares that can be sold by the corporation.

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Definitions:

Par Value

The nominal value of a bond or stock as declared by the issuer, which might not represent its actual market value.

Exchange Rate

The price at which one currency can be exchanged for another currency in the foreign exchange market.

Loss

A financial condition where expenses exceed income, leading to a negative net income.

Euros

The official currency of the Eurozone, used by 19 of the 27 European Union countries.