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Corporations are viewed as entities for tax apps. The government looks at these corporations and sees there may one million common stocks owned. Brand new then figures this corporation represents a thousand people. This isn’t quite realistic. There are common stocks and can be a preferred stocks. The preferred stocks might only be owned by one hundred people. In the matter of Walmart I believe the preferred stocks is merely owned by family members and a number of other individuals. Therefore what is wonderful for Walmart isn’t good for the common stock holders but greatly benefits the preferred stock holders, the loved ones of Sam Walton.
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