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A corporation is having a shareholders meeting. Not all shareholders are able to attend. In fact, most usually do not. The ownership of the corporation is represented by 2,351,000 shares of stock owned by 111,273 shareholders.
a. Must all of the shareholders own more than one share of stock?
b. If 3,411 shareholders attend the meeting, what percent of the shareholders are represented? Round to the nearest percent.
c. If the shareholders who do attend own a combined 1.8 million shares of the corporation, what percent of the shares are represented at the meeting? Round to the nearest percent. |
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