RKJ Company has provided the following information: ● 100,000 shares of $5 par value common stock are author

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answerhappygod
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RKJ Company has provided the following information: ● 100,000 shares of $5 par value common stock are author

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RKJ Company has provided the following information: ●100,000 shares of $5 par value common stock are authorized ●72,000 shares have been issued ●67,000 shares are outstanding Which of the following statements is correct?
1. RKJ can issue an additional 33,000 shares of commonstock.
2. RKJ can issue an additional 28,000 shares of commonstock.
3. RKJ has 28,000 shares of treasury stock.
4. RKJ has 33,000 shares of treasury stock.
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