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The charter of a corporation provides for the issuance of 104,000 shares of common stock. Assume that 46,000 shares were originally issued and 6,600 were
The charter of a corporation provides for the issuance of 104,000 shares of common stock. Assume that 46,000 shares were originally issued and 6,600 were subsequently reacquired. What is the number of shares outstanding? Oa. 6,600 Ob. 46,000 Oc. 59.600 Od. 39.400
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
978-0078025914
