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A Company Has 110,000 Shares Authorized,50,000 Shares Issued,and 5,000 Shares

Question 167

Multiple Choice

A company has 110,000 shares authorized,50,000 shares issued,and 5,000 shares of treasury stock.How many shares are outstanding?

A) 45,000
B) 155,000
C) 55,000
D) 145,000

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