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The Role of Sharks in the Ecosystem For more than 400 million years sharks are swimming in the world’s oceans. Please be noted that the existence of sharks is 100 million years before the existence o...

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Native Americans owned enormous amounts of lands and was also said to be Ecologists. Native Americans were rich in different resources. Native Americans means of living consist of them fishing, huntin...

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Chapter 11 Weekly Discussion

Chapter 11 Weekly Discussion

Q Chapter 11 - Weekly Discussion 1. Explain the difference between authorized shares and outstanding shares. 2. What is the difference between cumulative preferred shares and non-cumulative preferred shares? Which situation could have dividends in arrears? RUBRIC: **5 points are awarded for a post that correctly and the answer with proper punctuation and grammar. This post is typically is a full paragraph with at least 5-8 sentences. **3 points are awarded for a post that is "mostly" correct and complete with proper punctuation and grammar. This post is typically close to a full paragraph with at least 3-5 sentences. **1 point is awarded for a post that is incorrect and/or incomplete. **0 points are awarded to those that do not answer the question

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Authorized shares are the number of shares a corporation’s charter allows it to sell. The number of authorized shares usually exceeds the number of shares issued (and outstanding) by a large amount. Outstanding shares are the shares held by stockholders. Cumulative preferred stock gives its owners a right to be paid both the current and all prior periods’ unpaid dividends before any dividend is paid to common stockholders. Whereas non-cumulative stock does not have rights to prior periods’ unpaid dividends if they were not declared in those periods.