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30 Montana Company was authorized to issue 120.000 shares of common stock. The company had issued 51000 shares of stock when it purchased 8,000 shares

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30 Montana Company was authorized to issue 120.000 shares of common stock. The company had issued 51000 shares of stock when it purchased 8,000 shares of treasury stock. After the purchase of treasury stock, the number of outstanding shares of common stock was which of the following? Multiple Choice 12.000 59.000 3000 51000

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