Suppose that First Meriam decides that Marvin’s shares are worth only $0.80 each. The common stock and the number of shareholders are as follows: Extract Common stock 1,000,000 Number of Shareholders 10 a. How many shares will Marvin need to sell to raise the additional $1 million? (Enter your answer in whole number not in millions.) b. What fraction of the firm will Marvin’s managers own after the VC investment? (Enter your answer as a percent rounded to 2 decimal places.)

OSHA

Explanation:

Three Labor Department (DOL) agencies are responsible for administering and enforcing laws to protect worker's safety in America. OSHA regulates the Occupational Health & Safety Act (OSH).

The Employee rights Administration imposes the FLSA i.e. Fair Labor Standards Act,  which specifies working standards including rest, overtime & minimum wage laws. The Occupational Safety & Health Administration (OSHA) is also another labor department that governs workplace safety.