Question
17) Betsy Ross owns 945 shares in the Hanson Fabrics Company. There are 14 directors to be elected. There are 36,500 shares outstanding. The firm
17)
| Betsy Ross owns 945 shares in the Hanson Fabrics Company. There are 14 directors to be elected. There are 36,500 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 | % |
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
