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23. Corporations often buy back their own stock: A) To avoid a hostile take-over B) To have shares available for a merger or acquisition C)
23. Corporations often buy back their own stock: A) To avoid a hostile take-over B) To have shares available for a merger or acquisition C) To have shares available for employee compensation D) To maintain market value for the company stock E) All of these 24. The following data were reported by a Charlie Parker Corporation: Item Value Authorized Shares 100,000 Issued Shares 25,000 Treasury Shares 8,000 What is the number of outstanding shares: A) 100,000 B) 8.000 C) 25,000 D) 17,000 E) 75,000
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