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Selected financial information is given for Hewlett Packard Inc. in the table below. Hewlett Packard repurchased dollar 6.12B worth of shares during fiscal year 2008
Selected financial information is given for Hewlett Packard Inc. in the table below. Hewlett Packard repurchased dollar 6.12B worth of shares during fiscal year 2008 at an average price of dollar 45. How many shares are outstanding and the end of the year? Berkshire Hathaway owned 0.35B shares of HP prior to the repurchase. Warren Buffet, the portfolio manager at Berkshire Hathaway, decide not to sell any shares during the repurchase. What was Berkshire's proportionate ownership of HP following the repurchase? Hewlett Packard repurchased dollar 6.12B worth of shares during fiscal year 2008 at an average price of dollar 45. How many shares are outstanding at the end of the year? There are billion shares outstanding at the end of the year. Berkshire Hathaway owned 0.35B shares in HP prior to the repurchase. Warren Buffet, the portfolio manager at Berkshire Hathaway, decided not to sell any shares during the repurchase. What was Berkshire's proportionate ownership in HP following the repurchase? Berkshire's proportionate ownership in HP following the repurchase was percentage
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