Alfred owned 50 shares in jonah corporation scott ownes 25


Question - Jonah corporation is owned by Alfred, Scott (Alfred's son), and Christina (Alfred's niece). Alfred Owned 50 shares in Jonah Corporation, Scott ownes 25 shares. How many shares does Alfred constructively own?

1. 25

2. 50

3. 75

4. 100

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Alfred owned 50 shares in jonah corporation scott ownes 25
Reference No:- TGS02791552

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)