How shares of sell corporations stock sons daughter consider, Accounting Basics

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How shares of sell corporations stock sons daughter consider

Problem

Sell Corporation has 400 shares of its only class of stock outstanding. Mr. Church owns 60 shares, his wife owns 80 shares, his son owns 200 shares, and his daughter own 60 shares. Under constructive ownership rules for stock redemptions, how many shares of Sell Corporation's stock is the son's daughter considered to own?

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Accounting Basics: How shares of sell corporations stock sons daughter consider

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Accounting Basics: How shares of sell corporations stock sons daughter consider

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