the top x shareholders in a corporation each own y shares of a certain stock. the corporations ownership is represented by a total of w shares of stock. express the percent of the corporation owned by the top x shareholders
The total number of shares owned by x shareholders
= x*y
=xy shares
The percentage of shares=\(\frac{xy}{w} *100\)
Answer:
\(\frac{x*y}{w} *100\)
Step-by-step explanation:
To know how much shares have each shareholder you have to multiply the shareholders by the shares they own, so:
\(x*y\)
if we want to know the amount comparing to the total of shares of stock, you get:
\(\frac{x*y}{w}\)
And to know the percentage you have to multiply by 100:
\(\frac{x*y}{w} *100\)