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1- The following data were reported by a corporation: Authorized shares 20,000 Issued shares 15,000 Treasury shares 3,000 ______________What is the number of outstanding shares?
1- The following data were reported by a corporation:
Authorized shares | 20,000 |
Issued shares | 15,000 |
Treasury shares | 3,000 |
______________What is the number of outstanding shares?
2-
Purchasing 500 shares of treasury stock would be
A. An asset source B. An asset use C. An asset exchange D. A claims exchange
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