Question

Ron has a co-op in Henderson Cooperative. The total shares in the cooperative

are 50,000 shares. If Ron, owns 600 shares, what percentage of the cooperative
corporation does he own?

Answer 1

Explanation:

If Ron has 600 shares, he has:

50,000 shares represents 100%

50,000...........................100%

600......................................?

600*100/50,000=1.2% he owns