ENT.108 Business Valuation, Ownership, and Dilution
0%
Skill Level🔴 Hard
00:00
Progress to Next Level25% to Medium
EasyMediumHardMastery100%
In a classroom conversion exercise, a $100,000 certificate converts into shares at $1 per share. Before conversion there are 900,000 shares. After conversion, what ownership percentage does the certificate holder have?