1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
in a recent issue of aarp the magazine, a print ad for state farm insurance annuities advises readers that "the company has help
Vinil7 [7]

In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.

<h3>Who are the baby boomers?</h3>

This is the name that was used to refer to the people that were born at the period that the second word war ended and towards the 1960s. These were the people that were in the United States between the years of mid-1946 and mid-1964,

Hence we can conclude by saying that In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.

Read more on baby boomers here

brainly.com/question/5111407

#SPJ1

7 0
1 year ago
which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast
Gwar [14]

The make-to-stock manufacturing (MTS) strategy can be described as producing products to put into stock based on a demand forecast.

In this strategy, companies do not maintain productive stability over a period of time, but adjust their manufacturing strategy according to times when demand can increase or decrease.

Some advantages of the make-to-stock strategy are:

  • Economy of scale.
  • Waste reduction.
  • Efficiency in the use of resources.
  • Increased response time.

So this is an effective manufacturing strategy for companies that can accurately forecast their demand.

Learn more here:

brainly.com/question/24099922

8 0
3 years ago
20 out of 45 men surveyed liked beef. What percentage of men did NOT like beef? (Round up to nearest %.)
Juliette [100K]
I'm not a mathematician but I'm going to go out on a limb here and say 44%!
6 0
3 years ago
8. Hebner Housing Corporation has forecast the following numbers for this upcoming year: Sales $1,000,000 Cost of Goods Sold 600
lions [1.4K]

Answer:

Sales = 12,50,000

Explanation:

Detailed steps are given below

8 0
3 years ago
Susan had to go buy school supplies. While she was out, she decided to buy some new items for her bedroom as well. her credit li
Vsevolod [243]

Answer: Over the limit fee

Explanation: This is because since she did not pay the 75 dollars the previous month it rolls over to this month in which she has already spent 180 dollars and her limit is 200 dollars so adding 75 to that 180 dollars would be over the limit, so she would have to pay a fee.

4 0
2 years ago
Other questions:
  • Fox Co. reported a retained earnings balance of $800,000 at December 31, 20x1. In August 20x2, Fox determined that insurance pre
    12·1 answer
  • Riverside Manufacturing designs and manufactures bathtubs for home and commercial applications. Riverside recorded the following
    9·1 answer
  • Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $ 398 comma 930 due in 28 y
    11·1 answer
  • How could an accident impact production quality and affect your company's profits?
    14·1 answer
  • A difference between Maslow's need hierarchy and Alderfer's ERG theory is that
    12·1 answer
  • The required return for Williamson Heating's stock is 12%, and the stock sells for $40 per share. The firm just paid a dividend
    13·1 answer
  • Activities common to all businesses such as sales, operations (also called production), accounting, finance, and human resources
    14·1 answer
  • In a fine dining restaurant, which of the guests at a table should the staff serve first?
    6·2 answers
  • Many people are surprised that working for a charitable organization can be as good for your career as working for a:
    15·1 answer
  • Warren and shirley want to avoid having a balance due next year. which of the following can they do
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!