00:01
In this video, we're going to identify the shares authorized, shares issued, and shares outstanding of elmer corporation.
00:11
Now, for the shares authorized, that is equal, or authorized shares, that is equal to the maximum shares that a company can issue.
00:35
And in this problem, the authorized share is equal to 100 ,000.
00:45
For the second one, we're going to solve for the shares issued.
00:56
Now this is very simple as well.
00:58
This is equal to the total shares issued to shareholders.
01:10
And it is stated already the problem that the total shares issued to shareholders is 70 ,000 shares.
01:23
All right, so this is shares, shares...