The management of smith and t co. controls 58% of the company’s stock. the firm did not meet any of its quarterly sales projections for the last year. some of the firm’s institutional investors are worried that the firm’s poor performance is partly because management has not been focused on maximizing shareholder wealth. which of the following measures would the institutional investors most likely want to see implemented? they would want to change the corporate bylaws so that one-third of the board seats are filled each year and each director serves a three-year term. they would want to ensure that the company’s ceo is also the chairperson of the board of directors. they would want to change the corporate charter to allow cumulative voting instead of noncumulative voting.

James jones is the owner of a small retail business operated as a sole proprietorship. during 2017, his business recorded the following items of income and expense: revenue from inventory sales $ 147,000 cost of goods sold 33,500 business license tax 2,400 rent on retail space 42,000 supplies 15,000 wages paid to employees 22,000 payroll taxes 1,700 utilities 3,600 compute taxable income attributable to the sole proprietorship by completing schedule c to be included in james’s 2017 form 1040. compute self-employment tax payable on the earnings of james’s sole proprietorship by completing a 2017 schedule se, form 1040. assume your answers to parts a and b are the same for 2018. further assume that james's business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable property. calculate james's 2018 section 199a deduction.