Business, 13.08.2021 01:30 williamwavyy
Montana Company was authorized to issue 135,000 shares of common stock. The company had issued 60,000 shares of stock when it purchased 9,500 shares of treasury stock. After the purchase of treasury stock, the number of outstanding shares of common stock was which of the following?
a. 125,500.
b. 69,500.
c. 60,000.
d. 50,500.
Answers: 3
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Montana Company was authorized to issue 135,000 shares of common stock. The company had issued 60,00...
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