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Please Refer to the Following Information for Peartree Company

Question 111

Multiple Choice

Please refer to the following information for Peartree Company: Please refer to the following information for Peartree Company: If Peartree resold 1,000 shares of treasury stock for $24 per share, what amounts would be shown for number of shares issued and outstanding? A) 100,000 issued; 96,000 outstanding B) 100,000 issued; 94,000 outstanding C) 101,000 issued; 96,000 outstanding D) 95,000 issued; 94,000 outstanding If Peartree resold 1,000 shares of treasury stock for $24 per share, what amounts would be shown for number of shares issued and outstanding?


A) 100,000 issued; 96,000 outstanding
B) 100,000 issued; 94,000 outstanding
C) 101,000 issued; 96,000 outstanding
D) 95,000 issued; 94,000 outstanding

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