Question: Help Sa Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate
Help Sa Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completior Suppose a firm has 15 million shares of common stock outstanding and six candidates are up for election to five seats on the board of directors. a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board? b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board? (For all requirements, enter your answers in whole numbers, not millions.) Answer is compute but not entirely correct. 8. Minimum number of votes Minimum number of votes 12,500,001 % 7.500,001 b. Prev 1 of 5 8 Next >
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