What percentage of total assets controlled by family stores

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Family Stores, Bhd., is a holding company that has decision making power over both General Stores and Star Stores. Family Stores owns General Stores and Star Stores common stock valued at $15,000 and $12,000, respectively. General's Store balance sheet lists $130,000 of total assets; Star Stores has total assets of $110,000. Family Stores has total common stock equity of $20,000.

Question a. What percentage of the total assets controlled by Family Stores does its common stock equity represent?

Question b. If a stockholder holds $5,000 worth of Family Stores common stock equity, and this amount gives this stockholder voting control, what percentage of the total assets controlled does this stockholder's equity investment represent?

Reference no: EM132566445

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