A corporate charter specifies that the company may sell up to 35 million shares of...
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Accounting
A corporate charter specifies that the company may sell up to 35 million shares of stock. The company sells 27 million shares to investors and later buys back 10.5 million shares. The number of authorized shares ofter these transactions are accounted for is: O 25 million shares O 27 million shares 17 million shares O 35 million shares
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