question archive Read the following scenario, then answer the questions that follow
Subject:BusinessPrice:2.84 Bought12
Read the following scenario, then answer the questions that follow.
VentureOne is authorizing shares and forming a corporation. VentureOne authorizes one million shares of stock valued at $1/share to be issued to potential shareholders. The founder invests $100,000 in cash and $100,000 in assets to fund the company. Six months later, the company issues 50,000 shares to an investor at $5/share.
How many shares of stock does the company issue to the founder?
What percent of the company does the founder own?
After six months, how much had the investor put into the company?
After six months, what percent of the company does the investor own? What percent does the founder own?
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