ck and Ownership
1. ABC Inc. is a new company that has 3,000 shares of stock with a par value of $2.00, an swer the
following:
a.
What is the total value of the stock recorded on the books? 1,501
b. If Dave bought 1,000 shares what is his ownership percentage? 2,000
C.
How many shares are required to be the majority shareholder of the company?
