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
Amiraneli [1.4K]
4 years ago
6

Mr. Meyers wishes to know how many shares are necessary to elect 6 directors out of 14 directors up for election in the Austin P

ower Company. There are 74,000 shares outstanding.
Business
1 answer:
aalyn [17]4 years ago
7 0

Answer: 29,601 shares

Explanation:

When calculating the number of shares required to elect a certain number of directors given the shares outstanding, use the formula;

Shares required = ((Number of directors required)*(Total number of shares outstanding) / (Total number of directors + 1)) + 1

= (6 * 74,000) / ( 14 + 1) + 1

=( 444,000/15) + 1

= 29,600 + 1

= 29,601 shares are needed to elect 6 directors

You might be interested in
If an organization wants to assess whether an applicant can actually perform a particular job, which selection technique would B
bogdanovich [222]

Answer:

The correct answer is "work simulation"

Explanation:

Work simulations are particular employment tests that demand candidates to execute tasks that they would do on the job.

4 0
3 years ago
What are operating expenses?
skad [1K]

Answer:

see below

Explanation:

Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost,  accounts adjustments, and other non-recurring costs.

Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries,  employee benefits, transport,  depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.

3 0
4 years ago
The derp corporation has an outstanding convertible bond issue that is convertible into 8 shares of stock. if the current market
Archy [21]

The derp corporation has an outstanding convertible bond issue that is convertible into 8 shares of stock. if the current market price of the bond is 80, the parity price of the stock is Parity means equal.

A parity price is the price level at which two assets or securities are of equal value. This is a concept used in several markets such as bonds, stocks, commodities and convertibles.

Import Parity Price or IPP is defined as: So c.i.f. Import price plus customs duty plus shipping cost to buyer's location.

Learn more about parity price here: brainly.com/question/2286004

#SPJ4

6 0
1 year ago
What combination of proposals would you choose given the $5,000 the school has to spend?
Brut [27]

The combination of proposals would you choose given the $5,000 the school has to spend is a playground for use in physical education, kindergarten instructors, and Math. This is further explained below.

<h3>What is physical education,?</h3>

Generally, Physical education and games are often taught in schools.

In conclusion, Because the first investment will ensure that each student's physical health is taken care of, and the second investment will ensure that each student has a solid foundation in mathematics, both of these are equally important.

Read more about physical education,

brainly.com/question/17240469

#SPJ1

5 0
2 years ago
Assume that the price ceiling is set at 10 million dollars, that the quantity supplied at this price is 2 thousand jet planes, a
Jobisdone [24]

Answer:

since you didn't include the graph, I cannot tell what the producer surplus area will be on the graph, but I can calculate total producer surplus in $:

total producer surplus = (actual price - minimum price that a producer is willing to accept) x total quantity supplied

  • actual price = $10 million
  • minimum price = $2 million
  • quantity supplied = 2 million units

total producer surplus = ($10 million - $2 million) x 2,000 jet planes = $8 million x 2,000 jet planes = $16,000 million

5 0
3 years ago
Other questions:
  • Which of the following strategies is most likely to be pursued by a firm when there are strong pressures for cost reductions and
    5·1 answer
  • What is one effect of the profit motive? A. It pushes companies to seek to eliminate competition. B. It enables the government t
    11·1 answer
  • In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p
    14·1 answer
  • Cherry Tree Company has the following balance sheet information as of December 31, 2019Cash $10,000Marketable Securities $20,000
    15·1 answer
  • A company that markets a vitamin supplement produces a commercial that has the stated purpose of simply delivering straight info
    6·1 answer
  • Appropriations to retained earnings are..<br><br>It is not option C.
    9·1 answer
  • Research and planning skills involve
    14·1 answer
  • Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is?
    15·1 answer
  • Zelda’s day consists of checking her e-mail, holding meetings, and organizing and reviewing text. Which Arts, A/V Technology, an
    11·1 answer
  • True or false: Through shared perceptions and values, culture builds a sense of commitment by employees to their organization. T
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!