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The corporate charter of Splish Brothers Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first two years of

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The corporate charter of Splish Brothers Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first two years of operations, Splish Brothers sold 76,600 shares to shareholders and reacquired 3,400 of these shares. After these transactions, how many shares are authorized, issued, and outstanding? Splish Brothers Corporation is authorized to sell shares. Splish Brothers has shares issued. Splish Brothers has shares outstanding

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