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Anita Job owns 512 shares in the Rapid Employment Company (a firm that provides temporary work). There are 10 directors to be elected. Twenty-seven thousand
Anita Job owns 512 shares in the Rapid Employment Company (a firm that provides temporary work). There are 10 directors to be elected. Twenty-seven thousand shares are outstanding. The firm has adopted cumulative voting.
a. How many total votes can be cast?
b. How many votes does Anita Job control?
c. What percentage of the total votes does she control? (Round the final answer to 2 decimal places.)
Percentage %
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