Question

What is the purpose of the annual meeting called by 10 percent owners to elect Ds?

1) To discuss the financial performance of the company
2) To elect new board members
3) To approve the annual budget
4) To review the company's strategic plan

Answer 1

The purpose of the annual meeting called by 10 percent owners to elect Ds is to elect new board members. It's a way for the owners to have a say in who will be serving on the company's board of directors.

Answer 2

The purpose of the annual meeting is to elect new board members.

Step-by-step explanation:

The purpose of the annual meeting called by 10 percent owners to elect Ds is 2) To elect new board members. The board of directors helps ensure that the firm is run in the interests of the shareholders. This meeting allows the shareholders to choose and vote for new board members who will make important decisions on their behalf.