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The following data is available for a certain corporation at December 31: Common stock, par $2 (authorized 300,000 shares), $ 250,000 Treasury stock (at cost
The following data is available for a certain corporation at December 31: Common stock, par $2 (authorized 300,000 shares), $ 250,000 Treasury stock (at cost $10 per share), $1,200 Based on the data, how many shares of common stock are outstanding?
Possible Answers:
124,880
125,000
149,880
300,000
298,880
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