There are six shareholders in a business. The proportion of the total shares that is held by each of the shareholders is indicated in the figure below. In the fifth worksheet of your Excel answer book provided, create the following:
A. B. C.
1share. proportion of shares % of shares
holder
2.stuart. 1/28
3.kenneth. 1/8
4.dominic. 3/14
5.grey. 13/56
6.gregg. 2/7
7.jeff. 3/28
Express each shareholder’s proportion of shares as a percentage in cells C2 to C7. As you have not learned how to format cells in Excel, you must calculate these values yourself, and then enter each result into the relevant cell (use two decimal places). You can see from this question why it is important to sometimes express fractions as percentages – without making this change, you would not have been able to easily determine in some instances which fraction is higher/lower than the others.
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