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Problem 5. X corporation has 2,000 shares outstanding. John owns 600...

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Accounting

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Problem 5. X corporation has 2,000 shares outstanding. John owns 600 shares, Mary owns 500 shares Z corporation owns 600 shares and Y partnership owns 300 shares. John and Mary are equal partners of Y partnership. John owns 30 percent of Z corporation. A Applying stock attribution rules, how many shares are owned by John Directly 600 Indirectly 90 690 B Assume John owns 80 percent of Z corporation, how many shares are owned by John? 1330 690+.8*800 hp a X

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