Question

If there are 4 owners of a company who own the following: 32%, 32%, 32% and 4% ---- and one of the 32% owners dies how much of his 32% do all the others get proportionately

Answer 1

id assume it is split 3 ways; 32/3

Answer 2

it has to be proportionate to original ownership

Answer 3

then times each one by the proportion they own ... right?

Answer 4

I tried that but then the whole isn't 100%
I'm stumped

Answer 5

I tried that but then the whole isn't 100%
I'm stumped

Answer 6

thats why i assumed there was a 32/3 split among them; still think that plays into it tho :)

Answer 7

100 - 32 = 68. the 68% is now the 100%; how much of the company at 68% is owned by each?

Answer 8

well originally there were 32% 32% and 4%

Answer 9

32/68
32/68
4/68

are how much?

Answer 10

LOL you lost me

Answer 11

multiply those new proportions to the 32 that is hanging in the breeze

Answer 12

3 people now own 68 shares of the company; the new ratios are:

32 out of 68
32 out of 68
4 out of 68

now divvy up the 32 that the dead guy has among them right?

Answer 13

LOL
Thank you Aistrea64 YOU ROCK how do I say the question in answered

Answer 14

LOL
Thank you Aistrea64 YOU ROCK how do I say the question in answered

Answer 15

hit yor f5 key to refresh the browser and a button should appear magically beside me name

Answer 16

yes 47% 47% and 6%