The charter of a corporation gives for the issuance of

Reference no: EM13460572

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 20,000 shares were originally issued and 2,500 were subsequently reacquired. What is the number of shares outstanding?

a. 22,500

b. 17,500

c. 20,000

d. 82,500

Reference no: EM13460572

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