What is the minimum number of shares

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Reference no: EM131188004

The shareholders of the Pickwick Company need to elect five directors. There are 360,000 shares outstanding.

a. what is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has majority voting?

Number of shares ____________

b. what is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has cummulative voting? (round your answer ti the nearest whole number.)

number of shares ___________

Reference no: EM131188004

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