User Account

All Pages

How many directors can general grocery elect

Assignment Help Finance Basics
Reference no: EM132825924

Krager Foods Corp. has 700,000 shares outstanding. General Grocery, one of its subsidiaries, is disgusted with current management practices and is trying to get some of its own people elected to the board of directors. There are 15 directors, and General Grocery controls proxies for 87,501 shares.

A) Under cumulative voting, how many directors can General Grocery elect?

B) How many shares will General Grocery have to acquire in order to elect 8 directors?

Reference no: EM132825924

Questions Cloud

What is the present value of stream of payments : The first payment will be made 4 years from now. If the interest rate is 20% per year, what is the present value (@ t=0) of this stream of payments?
Identify contemporary challenges to performance appraisal : Some research shows that fairness in performance appraisal leads to positive employee behavior, commitment, and satisfaction. Fairness is associated.
Find the rate of return on the endowment : The trustee has determined that the account can pay out $18,000 each year, in perpetuity, starting from next year. Find the rate of return on the endowment.
What foods are most important for celebration : What rituals do you take part in? How do you dress? What foods are most important for your celebration? How do you decorate your home?
How many directors can general grocery elect : There are 15 directors, and General Grocery controls proxies for 87,501 shares.
Describe the differences between a manager and a leader : Describe the differences between a manager and a leader, including the functional activities of each role in the health care environment.
How much will they have to set aside at the end : How much will they have to set aside at the end of each year to have $65000 in 8 years if the annual interest is 7%
Present in t-accounts the actual manufacturing cost flows : You are told that Jobs 101 and 102 were sold for $854,000 and $554,000, Present in T-accounts the actual manufacturing cost flows
Determining the equivalent annual return : If we have an investment earning 20% year 1, 15% year 2, and loses 10% year 3. The equivalent annual return (including compounding) for this sequence of returns

Reviews

Write a Review

Finance Basics Questions & Answers

  Question on capital budgeting techniques

As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities.

  What is target cost of capital

1. Based on market value estimates, what is Target's cost of capital?

  Your employer contributes 75 a week to your retirement

your employer contributes 75 a week to your retirement plan. assume that you work for your employer for another 20

  Suppose the standard deviation

The mean IQ score of a sample of 73 students selected from a high school is 97. Suppose the standard deviation of IQ's at this school is 7.9.

  Estimation of weighted average cost of capital

The Felix Filter Corporation maintains a debt-equity ratio of .6. The cost of equity is 16 percent, the cost of debt is 11% and the marginal tax rate is 30 percent.

  What was the capital gain of the tips in dollars

Consider a 3.50% TIPS with an issue CPI reference of 188.10. At the beginning of this year, the CPI was 198.90 and was at 205.20 at the end of the year.

  What is the value of safeco stock

What is the value of Safeco stock when the required return is 9 percent?

  What is the wacc

A firm finances 20% of its assets by means of debt, and the remainder through equity. The interest rate on its debt is 12% and the firm is subject

  What is the percentage cost of the preferred stock

What is the percentage cost of the preferred stock?

  Describe the part of the biosphere where humans can survive

Describe the part of the biosphere where humans can survive

  Transactions will be classified and recorded

1. Explain how each of the following transactions will be classified and recorded in the debit and credit of the U.S. balance of payments:

  Demonstrate that the component has no effect

Suppose that a complex therapy procedure contains one component that has absolutely no effect on behavior.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd