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Devry University
Jan-2008 - Jan-2011
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Devry University
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Abercrombie & Fitch.
Mar-2005 - Nov-2010
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Abercrombie & Fitch.
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Betsy Ross owns 963 shares in the Hanson Fabrics Company. There are 14 directors to be elected. There are 39,500 shares outstanding. The firm has adopted cumulative voting. |
| a. |
How many total votes can be cast? (Do not round intermediate calculations and round your answer to the nearest whole number.) |
| Â Â Total votes | Â Â |
| b. |
How many votes does Betsy control? (Do not round intermediate calculations and round your answer to the nearest whole number.) |
| Â Â Votes | Â Â |
| c. |
What percentage of the total votes does she control? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) |
| Â Â Percentage of votes | % |
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