Jeremy Founded a Company

question 14

Multiple Choice

Jeremy founded a company. He issues 200 000 Class A preference shares for his own $100 000 investment. He then goes through three further rounds of investment, as shown below: Which of the following is closest to the percentage of the company owned by the Class D investors?

• A)33%
• B)25%
• C)29%
• D)46%

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Definitions:

Subjects

In various contexts, it refers to the individuals under the authority of a ruler, topics of study or discussion, or the primary themes in literature and art.

Imagery

The use of descriptive or figurative language in literature and art to create visual representations in the mind of the audience.

Sleeping Person

An individual who is in the state of rest where the body is inactive, and the mind is unconscious, typically engaged in for several hours each night to restore energy and health.

Lion

A large, muscular cat known as the "king of beasts" for its strength and majestic appearance, featured widely in art and symbolism.