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The charter of a corporation provides for the issuance of 110,000 shares of common stock. Assume that 65,000 shares were originally issued and 13,600 were

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The charter of a corporation provides for the issuance of 110,000 shares of common stock. Assume that 65,000 shares were originally issued and 13,600 were subsequently reacquired. What is the number of shares outstanding? Select the correct answer. 13,600 110,000 65,000 51,400

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