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Required information [The following information applies to the questions displayed below.] A corporate charter specifies that the company may sell up to 24 million shares

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Required information [The following information applies to the questions displayed below.] A corporate charter specifies that the company may sell up to 24 million shares of stock. The company sells 16 million shares to investors and later buys back 5.0 million shares. The number of issued shares after these transactions have been accounted for is: Multiple Choice 11 million shares. 19 million shares. 16 million shares. 12 million shares

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