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Determine the number of shares of stock owned directly

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Reference no: EM132875192

Question - ABC Corporation has 100 shares of common stock outstanding, owned as follows:

Grandfather (Mother's father)- 25

Mother - 20

Daughter - 15

Adopted son - 10

Partnership - 30 (PS is owned 50% by Mother and 50% by Mother's cousin)

Required - Determine the number of shares of stock owned directly and indirectly by each shareholder?

Reference no: EM132875192

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