Assume That 12,000 Shares Are Represented at a Shareholder Meeting

question 87

Multiple Choice

Assume that 12,000 shares are represented at a shareholder meeting. How many votes are normally necessary to carry a motion?

• A) 4,001
• B) 8,001
• C) 6,001
• D) 10,000

---

Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of investments.

Manufacturing Machinery

The equipment and machines used in the process of producing goods in manufacturing facilities.

Future Cash Flows

Estimates of future financial transactions that involve the inflow or outflow of money from a particular operation or investment.

Present Value

The current worth of a future sum of money or stream of cash flow given a specified rate of return.