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The Zebra Corporation Is Owned by Three People

question 48

Multiple Choice

The Zebra Corporation is owned by three people. Jun owns 40%, Liu Wei owns 35%, and Minh owns 25%. However, Minh does at least 50% of the work, and Jun is a passive owner who does no work at all. If the company makes $100,000 profit this year and decides to distribute it all to the owners, how much would Jun get?

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Definitions:

Unrealized Gains

Increases in the value of assets that have not yet been sold, and therefore, the gains have not been realized or reflected in the income statement.

Common Shares

Equity securities that represent ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Debt Investments

Debt investments refer to investments made in bonds or other debt instruments where the investor lends money to an issuer in exchange for periodic interest payments and the return of the principal at maturity.

Guaranteed Investment Certificates

A type of Canadian investment that offers a guaranteed rate of return over a fixed period, typically issued by banks or financial institutions.

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