lovelytali11 lovelytali11

26-07-2016
Business

Answered

Tim's employer offers him the option to buy 200 shares of the company for $250 a share. If the company has issued 40,000 shares, what percentage of the company can Tim buy using his stock options?

Select the best answer from the choices provided.

8%

0.5%

0.0625%

0.025%

Verified Answer :

ParisAddict ParisAddict

26-07-2016

simply divide 200/40000 and then multiply you will get...=0.5% option B..

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