All-Stores, Inc., is a holding company that has voting control

| June 14, 2018

All-Stores, Inc., is a holding company that has voting control over both General Stores and Star Stores. All-Stores owns General Stores and Star Stores common stock valued at $18,000 and $10,000, respectively. General’sbalance sheet lists$122,000 of total assets. Star has total assets of $103000. All-Stores has total common stock equity of $25,000.A. what percentage of the total assets controlled by All stores does its common stock equity represent?B. if a stockholder holds $5000 worth of all-stores common stock equity, and this amount gives the stockholder voting control, what percentage of the total assets controlled does this stockholder’s equity investment represent?

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