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Black_prince [1.1K]
3 years ago
13

The shareholders of the Stackhouse Company need to elect seven new directors. There are 850,000 shares outstanding currently tra

ding at $45 per share. You would like to serve on the board of directors; unfortunately no one else will be voting for you. How much will it cost you to be certain that you can be elected if the company uses straight voting
Business
1 answer:
Talja [164]3 years ago
6 0

Answer:

The correct answer is "$19,125,045".

Explanation:

According to the question,

Number of shares,

= 850,000

Per share,

= $45

The shares needed will be:

= (\frac{850,000}{2})+1

= 425000+1

= 425,001

hence,

The total cost will be:

= 425,001\times 45

= 19,125,045 ($)

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Zigmanuir [339]

Answer:

$50,400

Explanation:

To do this first start by multiplying .12 x 35,000. The answer should be $4,200. After this multiply 4,200 by 12 in order to get the amount of money earned over a 12 month period. This will give you $50,400.

5 0
3 years ago
The need for safety stock can be reduced by an operating strategy which: question 4 options: decreases ordering costs increases
BigorU [14]
The answer is decreases<span> lead time variability.
Safety stock refers to the amount of stocks that set aside by the company in order to prepare for stockouts.
If the company decrease lead time variability, it will give more time for company to prepare between orders and delivery, which will reduce the probability of safety stock usage.</span>
8 0
3 years ago
Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expre
Marina CMI [18]

Answer: Joint Venture

Explanation:

Joint Venture is a form of business whereby two parties will have to come together and utilize their resources and put their skills together as well in order to achieve a common goal.

Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This is a form of joint venture.

7 0
4 years ago
Calculate the required rate of return for Avy Inc., assuming that the company has a beta of 1.10, while investors expect treasur
drek231 [11]

Answer:

8.5%

Explanation:

Avy incorporation has a beta of 1.10

The risk free rate is 3.0%

The market risk premium is 5.0%

Therefore, the required rate of return can be calculated as follows

Required rate of return= Risk-free rate+beta(market Risk premium)

= 3.0% + 1.10(5.0%)

= 3.0%+5.5

= 8.5%

Hence the required rate of return is 8.5%

3 0
3 years ago
What is the complete count of a population, including place of residence?
Alex_Xolod [135]

Answer:

Census

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8 0
3 years ago
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