Question: Please show work. A company whose charter authorizes 40 million shares, has sold 25 million to the public. Of these, 7 million have been repurchased

Please show work. A company whose charter authorizes 40 million shares, has sold 25 million to the public. Of these, 7 million have been repurchased by the company.

  1. How many shares are authorized bit not issued?
  2. How many shares are outstanding?
  3. How many shares are in the treasury?

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