Answer:
a) The percentage of the shareholders who attended the meeting is 3%.
b) The percentage of the shareholders who did not vote at all is 7%.
Step-by-step explanation:
a) Data and Calculations:
Outstanding shares = 2,351,000
Number of shareholders = 111,273
Number of shareholders who attended the meeting = 3,411
The percentage of the shareholders who attended the meeting = 3,411/111,273 * 100
= 3.065
= 3%
Absent shareholders = 107,862 (111,273 - 3,411) and own 1.8 million shares
Proxy voters = 100,000
Non-voting shareholders 7,862
Therefore, the percentage of shareholders who did not vote at all
= 7,862/111,273*100
= 7.0655
= 7%