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Betsy Ross owns 915 shares in the Hanson Fabrics Company. There are 12 directors to be elected. Thirty-one thousand five hundred shares are outstanding. The
Betsy Ross owns 915 shares in the Hanson Fabrics Company. There are 12 directors to be elected. Thirty-one thousand five hundred shares are outstanding. The firm has adopted cumulative voting.
| (a) | How many total votes can be cast? |
| Total votes |
| (b) | How many votes does Betsy control? |
| Votes |
| (c) | What percentage of the total votes does she control? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) |
| Percentage of votes | % |
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
