Multiple Choice
Cresson Publishing is authorized to issue 2,000,000 shares of common stock. Cresson sold 800,000 shares and later bought back 1,500 of those shares. How many shares of Cresson's common stock are held in the treasury?
A) 1,500
B) 798.500
C) 801,500
D) 1,200,000
E) 1,201,500
Correct Answer:
Verified
Correct Answer:
Verified
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