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How many shares of GHI does Lisa own

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QUESTION - Bud is Ronald's father. Ronald is married to Lisa. Haley is Ronald and Lisa's daughter. Haley is married to Nate. Family Corporation (FC) has 100 shares of common stock outstanding. Bud owns 60 shares of FC, Ronald owns 20 shares of FC and Haley owns 10 shares of FC. The remaining 10 shares of FC are owned by ABC Partnership, in which Ronald is a 40% partner. ABC partnership owns 80% of the 100 shares of common stock outstanding in GHI Corporation. The remaining 20 shares are owned by Haley. How many shares of GHI does Lisa own?

Reference no: EM133055298

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