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The charter of a corporation provides for the issuance of 123,000 shares of common stock. Assume that 70,000 shares were originally issued and 13,500 were
The charter of a corporation provides for the issuance of 123,000 shares of common stock. Assume that 70,000 shares were originally issued and 13,500 were subsequently reacquired. What is the number of shares outstanding? Oa. 13,500 Ob. 56,500 Oc. 70,000 Od. 123,000
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