Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Management Posted 04 Feb 2018 My Price 7.00

Hanson Fabrics Company

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.)
  Total votes   
b.

How many votes does Betsy control? (Do not round intermediate calculations and round your answer to the nearest whole number.)
  Votes   
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.)
  Percentage of votes %

 

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Feb 2018 10:02 PM My Price 7.00

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