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Suppose a company selling stock for the first time decides that the maximum number of shares that can ever be sold is 44,000. Of that

Suppose a company selling stock for the first time decides that the maximum number of shares that can ever be sold is 44,000. Of that amount, 22,000 shares are sold to the public. After the initial sale, 17,600 shares were reacquired by the company.

How many shares has the company authorized? shares

How many shares has the company issued? shares

How many shares are outstanding?

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