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Mitchell Company was authorized to issue 74,000 shares of common stock. The company issued 39,000 shares of stock and later purchased 7,400 shares of
Mitchell Company was authorized to issue 74,000 shares of common stock. The company issued 39,000 shares of stock and later purchased 7,400 shares of treasury stock. The number of outstanding shares of common stock is: Multiple Choice 27,600 42,400. 66,600. 31,600. D
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