Answer:
$3420057
Explanation: 
the company uses cumulative voting, the board of directors are all elected at once. You will need 1/(N+ 1) percent of the stock (plus one share) to guarantee election, where N is the number of seats up for election. So, the percentage of the company’s stock you need will be:Percent of stock needed = 1 / (N+ 1)Percent of stock needed = 
1 / (3 + 1)Percent of stock needed = .25 or 25%So, the number of shares you need to purchase is:Number of shares to purchase = (240,000 × .25) + 1Number of shares to purchase = 60,001 And the total cost to you will be the shares needed times the price per share, or: Total cost = 60,001  $57Total cost =$ 3420057
 
        
             
        
        
        
Answer:D
Explanation:                        :) trust me look at meh face
 
        
             
        
        
        
Answer:
c. an estimate of a plant asset's value at the end of its useful life
Explanation:
The salvage value or the residual value is the estimated value of the fixed asset which can be received at the end of its useful life. So, neither it is a fair market value of a plant asset , nor it is deducted from the accumulated depreciation. 
The treatment of the residual value under the straight-line method or any other method is shown below:
The depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ estimated life in years
The residual value should always be deducted from the original cost of fixed asset 
 
        
             
        
        
        
Answer:
Using an excel spreadsheet I prepared an amortization schedule. For the 61st payment, the interest rate is increased from 0.5% to 0.625% monthly.
(a) Calculate the loan balance immediately after the 84th payment. 
(b) Calculate the amount of interest in the 84th payment. 
(c) Calculate the amount of the balloon payment.
As you can see, the interest amount for the 61st payment increases, while it had been decreasing previously. 
 
        
             
        
        
        
Answer:
The electrical action has the better expected monetary value with 492,000
Explanation:
We will multiply the expected outcome by their probability then, we add them to get the expected monetary value per option:
![\left[\begin{array}{ccccc}$WIND-UP&$Return&$Probability&$Weight\\$Light&325000&0.1&32500\\$Morerate&190000&0.3&57000\\$Heavy&170000&0.6&102000\\$Total&&1&191500\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24WIND-UP%26%24Return%26%24Probability%26%24Weight%5C%5C%24Light%26325000%260.1%2632500%5C%5C%24Morerate%26190000%260.3%2657000%5C%5C%24Heavy%26170000%260.6%26102000%5C%5C%24Total%26%261%26191500%5C%5C%5Cend%7Barray%7D%5Cright%5D)
![\left[\begin{array}{cccc}$PNEUMATIC&Return&Probability&Weight\\$Light&300000&0.1&30000\\$Morerate&420000&0.3&126000\\$Heavy&400000&0.6&240000\\$Total&&1&396000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24PNEUMATIC%26Return%26Probability%26Weight%5C%5C%24Light%26300000%260.1%2630000%5C%5C%24Morerate%26420000%260.3%26126000%5C%5C%24Heavy%26400000%260.6%26240000%5C%5C%24Total%26%261%26396000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
![\left[\begin{array}{cccc}$Electrical&Return&Probability&Weight\\$Light&-600000&0.1&-60000\\$Morerate&240000&0.3&72000\\$Heavy&800000&0.6&480000\\$Total&&1&492000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24Electrical%26Return%26Probability%26Weight%5C%5C%24Light%26-600000%260.1%26-60000%5C%5C%24Morerate%26240000%260.3%2672000%5C%5C%24Heavy%26800000%260.6%26480000%5C%5C%24Total%26%261%26492000%5C%5C%5Cend%7Barray%7D%5Cright%5D)