Jason bought 46,000 shares of CTB Inc. on January 12, 2013. At that time, CTB Inc. had
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Question:
Jason bought 46,000 shares of CTB Inc. on January 12, 2013. At that time, CTB Inc. had 2 million common shares outstanding. Calculate the portion of CTB Inc. that Jason owns.
a. 2.3 percent
b. 1.4 percent
c. 6.0 percent
d. 1.5 percent
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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