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The following data is available for Ayayai Corp. at December 31, 2020: Common stock, par $10 (authorized 26000shares) $234000 Treasury stock (at cost $15 per
The following data is available for Ayayai Corp. at December 31, 2020:
Common stock, par $10 (authorized 26000shares) | $234000 |
Treasury stock (at cost $15 per share) | $1125 |
Based on the data, how many shares of common stock are outstanding?
26000.
Or
23325.
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