The 2009 balance sheet for Carnival Corporation indicates that the company has 1,960 million shares of common

Question:

The 2009 for Carnival indicates that the company has 1,960 million shares of authorized, of which approximately 620 million were outstanding.
a. How many additional shares of could Carnival sell?
b. How are the shares that have not yet been issued included in the company’s Do they represent an asset of the company?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...