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Haas Corporation shows the following in the stockholders' equity section of its balance sheet: The stated value of its common stock is $0.50 and the

Haas Corporation shows the following in the stockholders' equity section of its balance sheet: The stated value of its common stock is $0.50 and the total balance in the common stock account is $37,500. Also noted is that 5,000 shares are currently designated as treasury stock. The number of shares outstanding is a. 80,000 b. 75,000 c. 72,500 d. 70,000

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