Question 5(Marks: 15)There are six shareholders in a business. The proportion of the total shares that is held by each ofthe shareholders is indicated in the figure below. In the fifth worksheet of your Excel answer bookprovided, create the following:1 Shareholder Proportion Of Shares Percentage Of Shares1/281/83/1413/562/73/282StuartKenneth4DominicGaryGregg67Jeff8Owner of highest proportion of shares =Gregg and Gary's combined % shareholding =Gregg, Gary and Stuart's combined % shareholding =1011Q.5.1Express each shareholder's proportion of shares as a percentage in cells C2 to C7. (6)As you have not learned how to format cells in Excel, you must calculate thesevalues yourself, and then enter each result into the relevant cell (use two decimalplaces). You can see from this question why it is important to sometimes expressfractions as percentages – without making this change, you would not have beenable to easily determine in some instances which fraction is higher/lower thanthe others.Q.5.2Which of the shareholders owns the highest proportion of shares? Copy the(1)relevant name into cell E9.

When a value is given in percentage it gives better understanding on it when compared to fractional…

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. Q.5.2 Which of the shareholders owns the highest proportion of shares? Copy the (1) relevant name into cell E9.

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. Q.5.2 Which of the shareholders owns the highest proportion of shares? Copy the (1) relevant name into cell E9.

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter10: Sequences, Series, And Probability

Section10.2: Arithmetic Sequences

Problem 67E

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