Answer:
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
