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The charter of a corporation provides for the issuance of 116,000 shares of common stock. Assume that 40,000 shares were originally issued and 6,600 were

The charter of a corporation provides for the issuance of 116,000 shares of common stock. Assume that 40,000 shares were originally issued and 6,600 were subsequently reacquired. What is the number of shares outstanding? a.6,600 b.33,400 c.46,600 d.40,000

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