Question
ABC has 100 million common shares issued of which 70 million are outstanding. Pension fund XYZ owns 20 million shares and Insurance company DEF owns
ABC has 100 million common shares issued of which 70 million are outstanding. Pension fund XYZ owns 20 million shares and Insurance company DEF owns 10 million shares. Calculate the public float.
- 70 million
- 100 million
- 30 million
- 40 million
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
