3 years ago

Nick owns 500 of the 100,000 shares available.

1 answer:

6 0

To get the percentage of how much Nick owns, we have to divide the part (500) by the whole (100,000) then multiply the product by 100.

500 / 100,000 = 0.005

0.005 × 100 = .5%

Nick is entitled to $2,500,000 × .5% = $12,500

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