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ArbitrLikvidat [17]
3 years ago
10

A company has two open seats, Seat A and Seat B, on its board of directors. There are 6 candidates vying for these 2 positions.

There will be a single election to determine the winner of both open seats. As the owner of 100 shares of stock, you will receive one vote per share for each open seat. You decide to cast all 200 of your votes for a single candidate. What is this type of voting called?
a. democratic
b. cumulative
c. straight
d. deferred
e. proxy
Business
1 answer:
Jet001 [13]3 years ago
5 0

Answer:

b. cumulative

Explanation:

Cumulative voting is a type of voting in which more than one vote is placed to the desired candidate. The voters possess the right to extend more than one vote. All the votes in the hand of the voter can be entitled to any particular candidate as decided by the voter.  

In the given situation, cumulative voting system has been used. The voter gives all the 200 votes to the single candidate.

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Swifty Corporation’s weekly payroll of $22,000 included FICA taxes withheld of $1,683, federal taxes withheld of $2,940, state t
sergij07 [2.7K]

Answer:

Date   Account Titles and Explanation       Debit       Credit

           Salaries Wages expense                $22,000  

                   Cash                                                             $16,307

                   Withholding taxes payable (2940+840)    $3,780

                   FICA taxes payable                                     $1,683

                   Insurance premiums payable                     $230

            (To record Swifty’s payroll)

3 0
3 years ago
A customer believes ABC's stock price will rise, but she does not currently have the money to buy 100 shares. How could the cust
Varvara68 [4.7K]

Answer:

The customer could buy call options and sell put options.

Explanation:

A call option gives you the right to buy a stock at a certain price. If the price of a stock rises (as the investor believes), the call option can be exercised and a profit will be made.

A put option gives you gives you the right to sell at a certain price. If the price of a stock rises (as the investor believes), the put option will not be exercised since the sales price will be lower than the market price.

7 0
3 years ago
Denise works in the quality control section of a large shipping company. In this capacity, she monitors and reports on how well
Vladimir [108]

Answer:

Feedback loops

Explanation:

In the given situation since it is mentioned that denise who works in the quality control section and she monitors and reports how well or how poor the system operates so here she provide the feedback loops to the organization as it deals with the event that varies from the response

So according to the given situation, the feedback loops is the answer

8 0
3 years ago
The _____ adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).
Oxana [17]
The Expenditure Approach adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP)

The Expenditure Approach includes consumption expenditures, investments expenditures, government expenditures and net exports.

The Expenditure Approach is one of the 3 ways to measure economic production. The other 2 are The Production Approach and The Income Approach.
7 0
3 years ago
Read 2 more answers
You purchase a bond with a coupon rate of 8.6 percent, a par value of $1,000, semiannual coupons, and a clean price of $860. If
arlik [135]

Answer:

The answer is $881.5

Explanation:

Solution

Given that:

The accrued interest is  refers to the payment (coupon) for the time with the fraction of the time that has exceed since the last coupon payment.

Since we have a semiannual coupon bond, the coupon payment for six months is 1/2 of the annual coupon payment.

Three months has exceeded since the last coupon payment.

So the accrued interest for the bond is given below:

Accrued Interest = $86/2 * 3/6

= $21.5

Thus

The price (dirty) = Clean Price + Accrued Interest

= $860 + $21.5

= $881.5

Therefore the invoice price is $881.5

4 0
4 years ago
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