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The charter of a corporation provides for the issuance of 113,000 shares of common stock. Assume that 44,000 shares were originally issued and 7,000 were

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The charter of a corporation provides for the issuance of 113,000 shares of common stock. Assume that 44,000 shares were originally issued and 7,000 were subsequently reacquired. What is the number of shares outstanding? Select the correct answer. 7,000 37,000 44,000 51,000

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