Gemma Jones Owns 2000 Shares of Haydn Inc

question 54

Multiple Choice

Gemma Jones owns 2000 shares of Haydn Inc.share which is currently selling for $18 per share.If the company repurchases 10% of its outstanding shares at $18 per share and Gemma chooses not to sell any shares back to the company,

• A)the value of her shares will stay the same and her percentage ownership of the company will increase by 10%.
• B)her investment in the company and her percentage of ownership will stay the same.
• C)her investment in the company will decrease by $3600 and her percentage of ownership will stay the same.
• D)the value of her remaining shares will stay the same and her percentage of ownership will increase by 11.11%.

---

Definitions:

Advocacy

The act of supporting or arguing in favor of a cause, policy, or group of people, often to effect change or provide assistance.

Barrier

An obstacle that prevents movement or access.

Bone Matrix

The non-cellular, structural component of bone, consisting of collagen fibers and ground substance that house bone cells.

Collagen Fibers

Strong, fibrous proteins found in connective tissue, including skin, tendons, and ligaments, providing strength and elasticity.