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
melisa1 [442]
3 years ago
8

A corporation issues 1,200,000 shares of stock at its beginning to shareholders. How many shares must a shareholder own to have

a majority of the shares?
Business
2 answers:
UkoKoshka [18]3 years ago
8 0
<span>Well, let me explain you like this: he must be having at least 51% to have majority. So we can do the next caluclations
51% f 1,200,000= 0.51*1,200,000
When you do them you get to see that there are 612,000 shares
Hope this helps</span>
Paladinen [302]3 years ago
7 0
You need 50% + 1 share to have the majority, so in this case you'd need 600,001 shares and you'd have the majority of the shares, because there are only 599,999 shares left to other shareholders.
You might be interested in
How does inflation hurt your savings?
siniylev [52]

Answer:

have to spend more money

Explanation:

4 0
2 years ago
the difference between what it costs to make and sell a product and what a customer pays for is referred to as
Bas_tet [7]

Answer:

<em>The</em><em> </em><em>difference</em><em> </em><em>between</em><em> </em><em>what</em><em> </em><em>it</em><em> </em><em> costs to make and</em><em>sell a product and what a customer pays for is referred to as</em>

3 0
3 years ago
Product A is normally sold for $9.60 per unit. A special price of $7.20 is offered for the export market. The variable productio
Sophie [7]

Answer:

A. Differential Analysis dated March 16

                                    Reject            Accept

Sales revenue per unit  $0              $7.20

Variable production cost 0                5.00

Additional export tariff     0                 1.08

Total variable costs          0             $6.08

Net income                    $0                $1.12

B. The special order should be accepted.

2) Product B:

Revenue of $39,500

Variable cost of goods sold of $25,500

Variable selling expenses of $16,500

Fixed costs of $15,000

Operational loss $17,500

Differential Analysis of May 9

                                    Reject            Accept

Sales revenue             $0                $39,500

Variable costs:

Product                        $0                 25,500

Selling                          $0                  16,500

Fixed costs                  $15,000         15,000

Total costs                   $15,000      $57,000

Net loss                       $15,000       $17,500

B) Product B should be discontinued.

Explanation:

a) Data and Calculations:

Normal selling price per unit of Product A = $9.60

Special order price for the export market = $7.20

Variable production cost = $5.00 per unit

Additional export tariff = $1.08 ($7.20 * 15%)

Total variable production and export costs = $6.08

7 0
3 years ago
Several years ago a city established a sinking fund to retire an issue of general obligation bonds. This year the city made a 55
Amanda [17]

Answer: c. Debt Service Fund and General Fund

Explanation:

The Sinking fund is a Debt Service Fund as it was created to retire some general obligation bonds. Every transaction that had to do with the retirement of debt as well as contribution to the retirement of debt would go in this account.

The General fund is also needed because this is the main fund of a Government entity. Everything that does not go through special funds is recorded here. This Fund therefore would show that the city made a $550,000 contribution to the sinking fund.

4 0
3 years ago
Type your summary here. Use the Internet to find an article that presents a forecast of the economy's performance in the next th
larisa [96]

Explanation:

an entrepreneur is always creative have ideas make best decision thinks before decision

7 0
3 years ago
Other questions:
  • Based on the concept of service blueprinting, what is the "line of visibility?" select one:
    14·1 answer
  • In IBP Exercise 09-03 you ran an MRP to produce only the Silver Deluxe Touring Bikes. Now, you can pick up where you left off an
    14·1 answer
  • A ____ is a source of revenue flowing into the firm.
    10·1 answer
  • What is the problem with creating a promotional message to use for all countries?
    9·1 answer
  • Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use the rights to their​ software, b
    8·1 answer
  • Which of the following statements about taxation is TRUE?
    12·1 answer
  • Write a summary of the 3 principles of economic activity
    8·2 answers
  • Universal Foods issued 10% bonds, dated January 1, with a face amount of $150 million on January 1, 2016. The bonds mature on De
    6·1 answer
  • OC Management Company (OCMC) has built or acquired several high-quality apartment buildings in Orange County. OCMC operates apar
    5·1 answer
  • if, in the market for money, the quantity of money demanded exceeds the money supply, the interest rate will
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!