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The following data is available for Red Carpet Corporation at December 31: Common stock, par $2 (authorized 300,000 shares) $250,000 Treasury stock (at cost $10

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The following data is available for Red Carpet 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? 125,000 300.000 149,880 298,880 124,880

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