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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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What is the effect on the money supply when you transfer $150,000 from your checking account to your savings account?
Lina20 [59]

Answer:

Decrease in M1; No effect on M2

Explanation:

Monetary aggregates is as follows:

M1 consists of:

= Currency with the public + Checking/Demand deposits + Other deposits with the RBI

M2 consists of:

= M1 + Post office savings account deposits

Effect on M1:

If a person transfer money from checking account to savings account, so there is a fall in M1 because the amount in checking account is reduced.

Effect on M2:

If a person transfer money from checking account to savings account, then there is a fall in checking account and at the same time  there is a rise in the savings account. M1 is a component of M2.

Therefore, there will be no effect on M2.

3 0
3 years ago
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Answer:

Yes, the campaign performed well.

Explanation:

Recent campaign by Brand X has performed really well. The results obtained are analyzed against the Key Performance Indicators set by the company. The amount spent on the campaign is $2783 whereas the Clicks per minute is $1.55 which indicates that customers are impressed by the campaign and they are gaining attraction in the campaign details so the CPM impression is high.

7 0
3 years ago
Sally agrees to roof a house for Bob.After doing his research,Bob chooses Sally based on her great reputation for being conscien
lord [1]

Answer:

B) They are employees.

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They work for Sally. Sally hired Truly, Glen and Fred and pays them an hourly wage, and provides the tools that they use to perform their work. She also supervises and directs their job. They are not independent contractors due to the direct relation that exists between them and the fact that they obey Sally's orders.

7 0
3 years ago
If the actual output of a piece of equipment during an hour is 500 units and it's best operating level is at a rate of 400 units
lesya [120]

Answer:

C. 1.25

Explanation:

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4 0
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You can be sure that a bond will sell at a premium to par when _________. its coupon rate is greater than its yield to maturity
QveST [7]

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