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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?
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5 votes
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?

User Peder
by
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1 Answer

5 votes

Answer:

1/200

Step-by-step 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

User Jimtronic
by
4.9k points
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