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3 years ago

7

Ella owns 15% of Fitz Incorporated. The rest of the shares are owned equally by the remaining 5 shareholders. What percent of th

e corporation does each of the other shareholders own?

1 answer:

timurjin [86]3 years ago

5 0

Answer:

17%

Step-by-step explanation:

The total corporation shares is 100%
If Ella owns 15% of Fitz,the remaining shares is 100-15=85%
If there are 5 shareholders and they all own equal shares,the percentage for each shareholder will be;85/5=17% each

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