. The Barnaby Corporation issued 2,700,000 shares of stock at its beginning to shareholders. How many shares must a shareowner own to have a majority of the shares?

1,350,001 shares

Step-by-step explanation:

Barnaby corporation issued 2,700,00 shares of stock to its respective shareholders

A shareholder is required to own more than half of the share of the stock of a corporation inorder to have most of it.

This implies that the shareholder must have 50% + 1 inorder to attain the majority shares

Therefore, the number of shares that must by owned by a shareholder to have majority of the shares can be calculated as follows

= 50/100 × 2,700,000

= 0.5×2,700,000

= 1,350,000+1

= 1,350,001 shares

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