To qualify for S corporation status, the corporation must meet the following requirements: 1  Be a domestic corporation. 2  Have only allowable shareholders May be individuals, certain trusts, and estates and. 3  Have no more than 100 shareholders.  Have only one class of stock.
Your grade point average (GPA) is calculated by dividing the total amount of grade points earned by the total amount of credit hours attempted. Your grade point average may range from 0.0 to a 4.0. For example: A = 4.00 grade points
1.Cumulative GPA is an average grade of a particular semester or term while the overall GPA is the average of all the cumulative GPAs. 2.Absolute performance of a student is judged on the basis of overall GPA and not on the basis of cumulative GPA.