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The articles of incorporation allow for the issuance of 100,000 shares of common stock. The company issued 40,000 shares of common stock and repurchased 5,000

The articles of incorporation allow for the issuance of 100,000 shares of common stock. The company issued 40,000 shares of common stock and repurchased 5,000 shares. What is the number of shares outstanding? Multiple Choice 35,000 55,000 0. 5,000 C 60.000

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