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Oliver Inc

Question 50

Multiple Choice

Oliver Inc. is authorized to issue 3,000,000 shares of common stock. Oliver sold 600,000 shares and later bought back 10,000 of those shares. How many shares of Oliver's common stock are issued?


A) 590,000
B) 600,000
C) 2,400,000
D) 3,000,000
E) 3,590,000

Correct Answer:

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