Answer:
$0
Explanation:
Amount paid by the customer for 100 preferred stock = 100 * $100 = $10,000
Number of preferred stock when converted to common stock = 100 * 2 = 200 shares
Revenue from selling the 200 shares = 200 * $50 = $10,000
Profit or loss to customer = Revenue from selling the 200 shares - Amount paid by the customer for 100 preferred stock = $10,000 - $10,000 = $0
Therefore, the customer made no profit nor loss.
Answer: different viewpoint
Explanation: In simple words, it refers to a situation in which different different parties have different ideas and beliefs towards a specific subject matter.
In the given case, the authorities implementing the school system and the teachers teaching in it have different views regarding the new system.
Hence we can conclude that the above case depicts different viewpoint situation.
Answer:
2,000,001 shares
Explanation:
To solve this question, we need to use the cumulative voting formula:
X = [(S x N) / (D + 1)] + 1
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X = minimum number of shares that must be owned = ?
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S = total outstanding shares = 10,000,000
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N = number of directors we want to elect = 1
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D = total number of directors to be elected = 4
X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001
There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.
- The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
- Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.
Answer:
The correct answer is b) "Time is money"
Explanation:
The Opportunity costs refer to all the benefits that a person, investor or company misses out on when they deciding one alternative over another.
For example, the expression "time is money" means that you can´t waste time because you could use this time to produce money. In other words, the time that you expend in some activities different than a profitable activity, are money that you won't recuperate. This is a clear example of opportunity cost when you choose an alternative that has fewer benefits than others.
Answer: It has impacted the environment in a negative way.
Explanation: This type of culture has negatively impacted the environment since nowadays a series of objects are created with various natural resources in order for people to use them but get rid of them once and for all. This is bad for the planet as several of these objects take time to break down and end up becoming harmful to the environment.
