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Company XYZ has issued 120,000 shares of common stock, 10,000 of which are treasury stock. If you own 5,000 shares of stock in XYZ, what
Company XYZ has issued 120,000 shares of common stock, 10,000 of which are treasury stock. If you own 5,000 shares of stock in XYZ, what is your percentage of ownership in the companys capital?
I think the answer selected is correct, but I'm not sure if it might not be able to be determined.
Company XYZ has issued 120,000 shares of common stock, 10,000 of which are treasury stock. If you own 5,000 shares of stock in XYZ, what is your percentage of ownership in the company's capital? 01. 45% 02. 47% 03. 41% 04. O Cannot be determined with data providedStep by Step Solution
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