What percentage of the total assets controlled does

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ABC is a holding company that has decision making power over both G store and S Stores. ABC owns G Stores and S Stores common stock valued at $15,000 and $12,000, respectively. G Store balance sheet lists $130,000 of total assets; S Stores has total assets of $110,000. ABC has total common stock equity of RM20,000.

Question a. What percentage of the total assets controlled by ABCdoes its common stock equity represent?

Question b. If a stockholder holds $5,000 worth of ABC common stock equity, and this amount gives this stockholder voting control, what percentage of the total assets controlled does this stockholder's equity investment represent?

Reference no: EM132566429

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