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The charter of a corporation provides for the issuance of 120,000 shares of common stock. Assume that 48,000 shares were originally issued and 4,700 were

image text in transcribed The charter of a corporation provides for the issuance of 120,000 shares of common stock. Assume that 48,000 shares were originally issued and 4,700 were subsequently reacquired. What is the number of shares outstanding? a. 48,000 b. 43,300) c. 4,700 d. $2,700

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