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1 vote
Tim's employer offers him the option to buy 200 shares of the company for $250 a share. If the company has issued 40,000 shares, what

percentage of the company can Tim buy using his stock options?
Select the best answer from the choices provided.
ОА
8%
ОВ.
0.5%
О С.
0.0625%
OD
0.025%

2 Answers

5 votes

Answer:

A. Tim can buy at least 8% using his stock options.

Explanation:

User Yosi Taguri
by
8.0k points
3 votes

Answer:

OB

Explanation:

OB because 200 shares is converted into percentage. So 200/40000 gives 0.5%. Tim can only buy 0.5% with the offer his employer gave him

User OliverAssad
by
9.4k points
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