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Question Content Area The charter of a corporation provides for the issuance of 1 2 7 , 0 0 0 shares of common stock. Assume

Question Content Area

The charter of a corporation provides for the issuance of

127, 000

shares of common stock. Assume that

60, 000

shares were originally issued and

10, 700

were subsequently reacquired. What is the number of shares outstanding?

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