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Montana Company was authorized to issue 100,000 shares of common stock. The company had issued 39,000 shares of stock when it purchased 6,000 shares of

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Montana Company was authorized to issue 100,000 shares of common stock. The company had issued 39,000 shares of stock when it purchased 6,000 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 33 000 45,000 39,000 94,000

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