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Mnenie [13.5K]
3 years ago
8

Chemical Mines has 5,000 shareholders and is preparing to elect two new board members. You do not own enough shares to personall

y control the elections but are determined to oust the current leadership. Likewise, no other single shareholder owns sufficient shares to personally control the outcome of the election. Which one of the following is the most likely outcome of this situation given that some shareholders are happy with the existing management?
A) proxy fight for control of the board
B) arbitrated settlement where the arbitrator determines who will be elected to the board
C) protracted legal battle over control of the board of directors
D) control of the board decided without your influence
E) negotiated settlement where each side is granted control over one of the open seats
Business
1 answer:
topjm [15]3 years ago
6 0

Answer:

Chemical Mines

The most likely outcome of this situation given that some shareholders are happy with the existing management is:

A) proxy fight for control of the board.

Explanation:

Proxy fight is a competitive struggle that shareholders of Chemical Mines can engage in to support their factional sides by using proxy votes to gain control of the board of directors, thereby stirring decisions to their sides.  Proxy votes are the votes of shareholders elected to represent the absentee shareholders by those present at the annual general meeting, where directors can be appointed.

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arlik [135]

Answer:

The financial advantage of processing further = $17,800

Explanation:

1. Sale value if processed further = 8,300 x 13 = $107,900

Sale value if processed further = 8,300 x 10 = $83,000

Incremental revenue = Sale value if processed further - Sale value if processed further = $107,900  - $83,000

Incremental revenue =  $24,900

Cost of further processing = $7,100

Incremental profit (loss) = Incremental revenue - Cost of further processing

Incremental profit (loss) = $24,900  - $7,100  = $17,800

Therefore, the financial advantage of processing further = $17,800

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4 years ago
Weisbro and Sons common stock sells for $24 a share and pays an annual dividend that increases by 4.9 percent annually. The mark
pogonyaev

Answer:

The amount of the last dividend paid by this company was $1.30/share.

Explanation:

Hi, in order to find the last dividend paid by the company, we need to use the following equation.

Do=\frac{Price(r-g)}{(1+g)}

Where:

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g = annual growth rate

So, everything should look like this.

Do=\frac{24(0.106-0.049)}{(1+0.049)} =1.304099

Therefore, the last dividend paid by the company was $1.30/Share.

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Answer:

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Explanation:

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