Please help with 6-7

6. Newco is a C-corp. In its articles of incorporation, Newco is authorized to issue up to 1,000,000 shares of stock. Newerco is an S-corp. In its articles of incorporation, Newerco is authorized to issue up to 10,000,000 shares of stock. What does this tell us about the relative sizes of the two companies? 7. Don Nomuch owns 1000 shares of Newco, the company in the prior question. Don believes that he owns.1% of Newco. Can you help him understand why he is likely wrong