myemily711 myemily711

29-01-2021
Business

contestada

If you own 500 shares of stock in a company that has 100,000
shares of stock outstanding, what fraction of the firm do you own?

Respuesta :

Samawati Samawati

31-01-2021

Answer:

1/200

Explanation:

The fraction will be the shares owned divided by the outstanding shares

=500/100,000

=5/1000

=1/200

The fraction is 1/200

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