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The total number of shares that a firm can legally issue are called​ ________. a. common shares b. outstanding shares c. allocated shares d. authorized shares
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The total number of shares that a firm can legally issue are called​ ________.

a. common shares
b. outstanding shares
c. allocated shares
d. authorized shares

User Sum NL
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The answer is D- Authorized shares because it is the total number of shares available for the firm to issue to financial customers that want to buy stock in the company as a result 
User Razvans
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