Question

14. Mr. X has underwritten 40,000
shares, but the public subscribed for
50,000 shares. Therefore, Mr. A will get
commission on
number of
shares.​

Answer 1

Answer:

X has underwritten 40,000

shares, but the public subscribed for

50,000 shares. Therefore, Mr. A will get

commission on

number of

shares.

Answer 2

Answer:

After calculation based on given data we found that Mr. A will get a commission on is 10,000 shares.

Explanation:

Luckily to calculate the commission for Mr. A, we need to know the percentage of shares that Mr. X underwrote and the percentage that the public subscribed for.

The percentage of shares that Mr. X underwrote is:

40,000 / 50,000 = 0.8 or 80%

The percentage of shares that the public subscribed for is:

50,000 / 50,000 = 1 or 100%

Since Mr. X underwrote 80% of the shares, he will be entitled to a commission on the remaining 20% of shares that the public subscribed for. Therefore, the number of shares that Mr. A will get a commission on is: 0.2 x 50,000 = 10,000 shares.

Learn more about shares: https://brainly.in/question/10068182

Learn more about commission: https://brainly.in/question/4735310

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