Shares of stock currently owned by the firm’s shareholders are called A) authorized. B) issued. C) outstanding. D) treasury shares.

Shares of stock currently owned by the firm’s shareholders are calledA) authorized.B) issued.C) outstanding.D) treasury shares.

Shares of stock currently owned by the firm’s shareholders are calledA) Authorized.B) Issued.C) Outstanding.D) Treasury shares.AnswerC) Outstanding.