Business
Business, 20.08.2021 01:20, djs1002

Montana Company was authorized to issue 80,000 shares of common stock. The company had issued 27,000 shares of stock when it purchased 4,000 shares of treasury stock. After the purchase of treasury stock, the number of outstanding shares of common stock was which of the following? a. 76,000
b. 31,000
c. 27,000
d. 23,000

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Answers: 3

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Montana Company was authorized to issue 80,000 shares of common stock. The company had issued 27,000...

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