Answer:
44,167.67 shares
Explanation:
Given that
Number of shares of stock outstanding = 265,000
Sale value per share of stock = $76
Number of seat for election = 5
So by considering the above information, the number of shares needed by using the cumulative voting is
= {shares outstanding ÷ (number of seats + 1) + 1}
= {(265,000 shares ÷ (5 +1) +1}
= 44,167.67 shares
The answer to your question is; B. False
An opportunity cost is defined as the loss of a potential gain from going with another alternative. The opportunity costs in this situation are everything that Harry gave up, to see his parents. Although he gained the dinner with his parents that ha hadn't seen in awhile, he gave up a lot of other options on how he spent his weekend.
Answer:
B. 8t + 12s = 216; t = 3s
Explanation:
t-shirts = $8 each
shorts = $12 each
$216 total
t-shirts sold = 3 x shorts