1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
4 years ago
9

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of direct

ors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. The company has 380,000 shares outstanding, and the stock currently sells for $41, If there are four seats in the current election, how much will it cost you to buy a seat? (Do not round intermediate calculations.)
Business
1 answer:
Rasek [7]4 years ago
5 0

Answer:

$3,116,041

Explanation:

For computing the cost of buying a set first we have to determined the percentage needed for the stock which is shown below:

= 1 ÷ (Number of seats + 1)

= 1 ÷ (4 +1 )

= 20%

Now number of stock required is

= (380,000 shares × 20% ) + 1

= 76,001 shares

So, the total cost required to buy a seat is

= 76,001 shares × $41

= $3,116,041

We simply multiplied the number of stock with the selling price of the stock so that the total cost could come

You might be interested in
The purpose of rough cut capacity planning is to: Select one: a. place a time fence around the MPS. b. determine a production sc
gregori [183]

Answer:

The answer is "Option d".

Explanation:

To compute the estimated work on master capacity planning, the objective of basic resource allocation is utilized. It is then contrasted to a proven ability that enhances organizational MPS feasibility.

It verifies that you have enough ability at your disposal that satisfy the needs of your master's programs. It is a tool in long-term production scheduling for marketing and production to accomplish the ratio of the capacity required and accessible and to manage changes in the plan and/or looking.

6 0
3 years ago
In a market economy, prices are established by
Aloiza [94]
In a market economy, prices are established by C. the interaction of supply and demand.
According to how much people buy a product, and how much of that product there is, prices are going to be established accordingly. 
8 0
3 years ago
Read 2 more answers
The sum of two numbers is 21. the large number is 6 less than twice the smaller number
rosijanka [135]
X + y = 21
(x - y) = 2x - 6
Rewrite the first equation so that y = 21 - x
Now substitute y in the second equation, and solve for x.
Then solve for y
4 0
3 years ago
Rinker Audio Products has a fully-staffed purchasing department that procures various inputs. It also has various domestic manuf
Mandarinka [93]

Answer: Logistics

Explanation: Logistics refers to the group of complex operation that are to be performed within an organisation by different individuals under the guidance of various different experts of such tasks. These operations are dependent on each other for their effective performance.

Thus, we can conclude that the combination of Rinker's manufacturing, distribution and purchasing activities will collectively be called as logistics.

7 0
4 years ago
How did the framers feel about the public's capacity to be politically informed and make good choices?
frez [133]

The framers were insecure, and they doubted the public's ability to be politically capable and make good choices. They were concerned if the public would be able to come up with good political judgments.

            A framer refers to a person, group, or organization that creates or frames laws, rules, plans, and systems of an institution. In the given sentence, the question is about the framers of political laws.

           The public is sometimes swayed by the masses and also the media. They do not have the power to analyze and see the truth behind the politics of the rulers. Thus, it might be possible that the public might be swayed by some rulers and fail to make an unbiased judgment.

           That is why the framers were concerned about the public's capacity to make good decisions.

To learn more about framers,

brainly.com/question/4921218

brainly.com/question/11629024

#SPJ4

7 0
2 years ago
Other questions:
  • The present value of the following cash flow stream is $8,400 when discounted at 9 percent annually. What is the dollar amount o
    12·1 answer
  • What detail will a purchase specification for milk usually include?
    6·1 answer
  • Zoom call anyone<br> im bored
    13·1 answer
  • On june 15, 2018, sanderson construction entered into a long-term construction contract to build a baseball stadium in washingto
    11·1 answer
  • You just took an Uber from home to campus for the first time and were willing to pay $13 for the trip. It was so much easier tha
    9·1 answer
  • The following data is available for Everest Company:
    13·1 answer
  • As a condition of his employment with an investment bank, Abasi Hasina, CFA, was required to sign an employment contract, includ
    9·1 answer
  • Andrew and Brianna are married and live in Texas, a community-property state. For their birthdays this year Andrew gave cash gif
    12·1 answer
  • Thornton Company sells lamps and other lighting fixtures. The purchasing department manager prepared the following inventory pur
    5·1 answer
  • A callable bond:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!