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A company has 20,000 shares authorized, 18,000 shares issued and 15,000 shares of its common stock outstanding. The number of shares held in treasury is:

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A company has 20,000 shares authorized, 18,000 shares issued and 15,000 shares of its common stock outstanding. The number of shares held in treasury is: a. 2,000 b. 3,000 c. 5,000 d. 7,000

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