Examlex
Calculate the external financing needed given the following information: current sales = $275,000; current sales capacity = 75%; current fixed assets = $40,000; projected future sales = $475,000.
Proxy
A document authorizing a person to vote on another's behalf during corporate meetings or a computer server acting as an intermediary for requests from clients.
Straight Voting
A voting system in corporate elections where shareholders must vote for directors individually, rather than as a slate, often limiting the influence of minority shareholders.
Classes of Common Stock
Different types of equity shares issued by a company, each with specific rights, privileges, or voting powers.
Voting Rights
The rights of shareholders to vote on company matters, typically exercised at shareholder meetings.
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