Question: 4. Define and describe the major differences between authorized shares, issued shares, outstanding shares, and treasury stock. 5. Define the following terms: a. Retained earnings

4. Define and describe the major differences between authorized shares, issued shares, outstanding shares, and treasury stock. 5. Define the following terms: a. Retained earnings b. Stock split c. Stock dividend d. Additional paid-in-capital e. Cash dividend f. Par value

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