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weeeeeb [17]
3 years ago
5

An election is being held to fill three seats on the board of directors of a firm in which you hold stock. The company has 8,200

shares outstanding. If the election is conducted under cumulative voting and you own 430 shares, how many more shares must you buy to be assured of earning a seat on the board?
Business
1 answer:
Mademuasel [1]3 years ago
6 0

Answer:

1621 Shares

Explanation:

Calculation to determine how many more shares must you buy to be assured of earning a seat on the board

First step is to determine the shares needed

Shares needed = [1/4 (8,200) + 1]

Shares needed= 2050 + 1

Shares needed= 2051

Now let determine how many more shares must you buy

Buy =2051 -430

Buy= 1621 shares

Therefore how many more shares must you buy to be assured of earning a seat on the board will be 1621 Shares

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$127.27

Price index is (new year/old year)*100

If 2005 is the base/old year, then:

$700/550 = 1.27273 * 100 = $127.27

Price index is used to show inflation from year to year by the change in price for the same goods in a base year to current year. Price index for the base year compared to the base year will always be 100, so anything above that shows inflation.

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Answer:

Which of the following is NOT a step in the strategic planning process?

E) evaluating all members of the value chain

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marin [14]

If the federal gasoline tax increases to $1 per gallon, the gasoline price rises, demand for bicycles shifts rightward.

Option B

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weeeeeb [17]

Answer:

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