The authorization of an issuance of capital stock normally includes all but which of the following?

Question

Quizplus · Accepted Answer

The authorization of an issuance of capital stock normally includes the type of stock to be issued, the number of shares to be issued, and the date shares are to be issued. However, the amount of dividend to be paid on shares issued is not typically included in the initial authorization. This is decided by the board of directors and can vary depending on the company's financial performance.

The Authorization of an Issuance of Capital Stock Normally Includes