looks like we always ignore them, anything we need to use them for or is it just EXTRA INFO the test throws our way ???
What is authorized shares?
victorh Wrote: ------------------------------------------------------- > What is authorized shares? not a good sign, dude! it is part of SE on the balance sheet.
victorh Wrote: ------------------------------------------------------- > What is authorized shares? “authorized shares” is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. This figure is usually listed in the capital accounts section of the balance sheet.
Ignore it, unless a firm tries to issue more than authorized.