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Webb Company Owns 90% of Jones Company

question 61

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Webb Company owns 90% of Jones Company. The original balances presented for Jones and Webb as of January 1, 2013, are as follows: Webb Company owns 90% of Jones Company. The original balances presented for Jones and Webb as of January 1, 2013, are as follows:   Jones sells 20,000 shares of previously unissued shares of its common stock to outside parties for $10 per share. What is the new percent ownership of Webb in Jones after the stock issuance? A)  75%. B)  90%. C)  80%. D)  64%. E)  60%. Jones sells 20,000 shares of previously unissued shares of its common stock to outside parties for $10 per share.
What is the new percent ownership of Webb in Jones after the stock issuance?

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Recognize societal attitudes towards sexual practices and orientations.
Understand the concept and implications of coming out for gay and lesbian individuals.
Comprehend the role of sexual orientation in relationships and parenting.

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