SOLUTION: I own alone 500,000 shares of stock in a company and I want to issue to an investor stock so that the investor will own 18% of the total outstanding. How do I compute the number o

SOLUTION: I own alone 500,000 shares of stock in a company and I want to issue to an investor stock so that the investor will own 18% of the total outstanding. How do I compute the number o

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Question 879518: I own alone 500,000 shares of stock in a company and I want to issue to an investor stock so that the investor will own 18% of the total outstanding. How do I compute the number of shares.
Thank you. Ron
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
.18 * 500000 = 9000 shares
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