AZ Best, Inc.s corporate charter allows it to issue 1,500,000 shares of common stock. In...

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Accounting

AZ Best, Inc.s corporate charter allows it to issue 1,500,000 shares of common stock. In 2011, its first year of business, the company sold 200,000 shares of common stock. In 2011, the company bought back 5,000 shares to be held as treasury stock. At December 31, 2011, how many shares of common stock are issued?

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