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The parent company Webber, ouns 82% of a subsidiary whose has 100,000 shares of common stock outstanding the subsidiary sells 20,000 shares of previously unassued
The parent company Webber, ouns 82% of a subsidiary whose has 100,000 shares of common stock outstanding the subsidiary sells 20,000 shares of previously unassued shares of its common stock to outside parties for 515 per share. What is the new percent Ownership of Webber in the subsidiary after the stock issuance? la 68% b. 719 825
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