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Derk owns 840 shares of stock in Rose Corporation. The remaining 1,960 shares of Rose are owned as follows: 280 by Derks daughter; 560 by
Derk owns 840 shares of stock in Rose Corporation. The remaining 1,960 shares of Rose are owned as follows: 280 by Derks daughter; 560 by Derks aunt; and 1,120 by a partnership in which Derk has an 55% interest.
Derk is deemed to own ______ shares in Rose Corporation.
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Accounting Information Systems
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
2nd edition
