Which of the following permits shareholders to multiply the number of their shares by the number of directors to be elected and to cast the resulting total of votes for one or more directors? Multiple Choice Preference voting Cumulative voting Ranked voting Approval voting
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- Which of the following statements is NOT correct about the rights granted to common stockholders? Group of answer choices a. Stockholders may transfer their right to vote to a second party by means of a proxy. b. Dividends due to common stockholders are cumulative. c. Common stockholders have the right to elect a firm's directors. d. In large, publicly traded firms, managers typically have some stock but their personal holdings are generally insufficient to win voting control.With blank voting, all directors up for election are vorted on by the share holders at the same time in one general election. A. straight B. Participating C. Non participating D. Proxy E. CumulativeCumulative voting allows for meaningful participation by Select one: a. minority shareholders. b. preferred shareholders. c. institutional shareholders. d. bondholders. e. all stakeholders.
- Calculate the amount of dividends to be paid to preferred and common shareholders assuming preferred shares are cumulative and non participatingConsidering the same amount of earnings available for declaration as dividends, which of the following kinds of preference shares would result to the least amount of dividends for preference shareholders? cumulative and non-participating cumulative and participating non-cumulative and non-participating non-cumulative and participatingIdentify which category of shareholder's equity is affected by each item and briefly explain how it is affected. Restricted retained earnings by making an entry equal to the cost of treasury shares purchased.
- Which one of the following statements is the most correct? A. Preferred stock has a fixed dividend that does not change. B. All classes of common stock have one vote per share. C. Common shareholders elect the CEO of the company D. Dividends are tax-free income for individual investors.If there are 10 directors to be elected and a shareholder owns 120 shares, calculate the maximum number of votes that he or she can cast for a favorite candidate under each of the voting methods.1. How much is the dividend allocation for PREFERENCE shareholders considering - Preference shares are cumulative and participating? 2.How much is the dividend PER SHARE for ORDINARY shareholders considering - Preference shares are non-cumulative and participating up to 20%?
- There are 3 directors seats up for election. If you own 1,000 shares of stock and you can cast 3,000 votes for a particular director, this is illustrative of:a. multiple voting.b. sequential voting.c. absolute priority voting. d. cumulative voting. e. straight voting. choose oneCumulative shares : Select one: a. Is a type of common shares that allows certain shareholders to own more shares b. Is a type of preferred shares that allows certain shareholders to accumulate greater voting right c. Is none of the available choices. d. Is a type of preferred shares that gives shareholders the right to collect unpaid dividends from prior periodPlease explain the principle considerations of a board of directors in making decisions involving dividend declarations.