Question

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%

Answer 1

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