How many directors can jennifer elect

Reference no: EM131792429

Question: a. George Kelly wishes to elect 5 of the 13 directors on the Data Processing Corp. board. There are 98,000 shares of the company's stock outstanding. How many shares will be required to accomplish this goal?

b. Jennifer Wallace owns 60,001 shares of stock in the Newcastle Corp. There are 12 directors to be elected with 195,000 shares outstanding. How many directors can Jennifer elect?

Reference no: EM131792429

Questions Cloud

How scientists learn about global temperatures and climates : How scientists learn about past global temperatures and climates. One piece of data scientists offer to show that the climate is changing globally.

What is a joint cost and what is a separable cost : Question - What is a joint cost? What is a separable cost? Your answer to the topic should be in your own words

Is this income to barnie as compensation or nontaxable gift : Cleveland Co. makes widgets. It has a commission salesman, Barnie, who does a wonderful job. Is this income to Barnie as compensation, or a nontaxable gift

Write a research paper about cultural landscape : Write a Research paper about Cultural Landscape. Distance decay refers to the fact that influence and interaction between locations decreases.

How many directors can jennifer elect : Jennifer Wallace owns 60,001 shares of stock in the Newcastle Corp. There are 12 directors to be elected with 195,000 shares outstanding.

What is the internal rate of return : The project would generate before tax annual cash inflows of $28,500. What is the internal rate of return

Calculating the price of the new stock : Dunn Resources has issued rights to its shareholders. The subscription price is $60. Four rights are needed along with the subscription price of $60.

What are the common stockholders residual claims to earnings : Diploma Mills has $30 million in earnings, pays $4.25 million in interest to bondholders, and $2.95 million in dividends to preferred stockholders.

Write a report that summarizes the results of ratio analysis : Write a report that summarizes the results of the 3-year ratio analysis on the company you selected for the Excel project

User Account

All Pages