Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner, decided to establish two classes of stock. The first represents Class A founders' stock and is entitled to seven votes per share. The normally traded common stock, designated as Class B, is entitled to one vote per share. In late 2010, Mr. Stone, an investor, was considering purchasing shares in Rust Pipe Co. While he knew the existence of founders shares were not often present in other companies, he decided to buy the shares anyway because of a new technology Rust Pipe had developed to improve the flow of liquids through pipes.

Of the 1,350,000 total shares currently outstanding, the original founder's family owns 51,625 shares.

What is the percentage of the founder's family votes to Class B votes? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

stock, designated as Class B, is entted to one vote per share. In late 2010, Mr. Stone, an investor, was considering purchasing shares in Rust Plpe Co. While he knew the exisience of founders' shares were not ofien present in other companies, he decided to buy the shares anyway becauscnew technology Rust P'pe had devdopod 10 mprove the now or lquics through p'pes or the 1,350,000 total shares currently outstancina, the orginal founders famity owns 01,625 shares. what is the percentage of the founders famly votes to Ciass B votes? (Do not round intermediate calculations. Input your anser as a percent rounded to 2 declmal places.] Percentege of wote8 s tamily owns 91