Question
Mr. Frost controls proxies for 48,000 of the 90,000 outstanding shares of Express Frozen Foods Inc. Mr. Cooke heads a dissident group that controls the
Mr. Frost controls proxies for 48,000 of the 90,000 outstanding shares of Express Frozen Foods Inc. Mr. Cooke heads a dissident group that controls the remaining 42,000 shares. There are nine board members to be elected and cumulative voting applies. Frost does not understand the cumulative voting and plans to cast 195,000 of his 432,000 votes for his brother, Jack. His remaining votes will be spread evenly for four other candidates. How many directors can Cooke elect if Frost acts as described above? (Round down the final answer to the nearest whole number.)
Number of directors_____
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