The charter of a corporation provides for the issuance of 111,000 shares of common stock. Assume that 49,000 shares were originally issued and 6,200 were subsequently reacquired. What is the number of shares outstanding? a 42,800 b. 55,200 O c. 6,200 O d. 49,000

The charter of a corporaton provides for the issuance of 111,000 shares of common stocic Assume that 49,000 shares were origiralily lssued and 6,200 were. subsequenty reacquired. What is the number of shares outstanding? 1) 352ive e. 6200 4. 49000