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23 November, 04:02

The top x shareholders in a corporation each own y shares of a certain stock. The corporation's ownership is represented by a total of w shares of stock. Express the percent of the corporation owned by the top x shareholders.

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  1. 23 November, 07:14
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    Given:

    top x shareholders in a corporation each own y shares of a certain stock

    corporation's ownership is represented by a total of w shares of stock.

    x - represents the number of top shareholders in a corporation

    y - represents the number of shares of a certain stock

    w - represents the total shares owned by the corporation

    x*y OR xy - total shares owned by the shareholders.

    The percent of the corporation owned by the top x shareholders is:

    xy/w
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