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

Algebra ->  Proportions -> 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      Log On


   



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) About Me  (Show Source):
You can put this solution on YOUR website!
.18 * 500000 = 9000 shares