M Chapter 17 HW 10.00 points Problem 17-8 Dissident stockholder group and cumulative voting [L0172] The Beasley Corporation has been experiencing declining earnings but has just board. The dissident stockholders control proxies for 19,601 shares. Me. Wnight is worried about losing his job announced a 50 percent salary increase for its top executives. A dssident group of stockhoiders wants to of directors. There are currently 15 directors and 39.500 shares of stock outstanding Mr. Wright, the president of the company, has the fu support of the misting voting procedures, how many directors can the dissident stockholders elect with the praxies they now hold? (Do not round calculations Round your answer down to the nearest whole number.) a-2. How many directors could they elect under majority rule with these proxies? O One O Two O Three O Four 904 AM Type here to search a-2. How many directors could they elect under majority rule with these proxies? O One Two Three O Four None b. How many shares (or proxies) are needed to elect eight directors under cumulative voting? (Do not round number.) calculations Round your answer up to the near Number of shares 32 References eBook & Resources Worksheet Difficulty: Basic Learning O 17-02 Cumulative Problem 17-8 Dissident stockholder group and cumulative voting [LO17-21 with the potential for some representation on the board of director Type here to search M Chapter 17 HW 10.00 points Problem 17-8 Dissident stockholder group and cumulative voting [L0172] The Beasley Corporation has been experiencing declining earnings but has just board. The dissident stockholders control proxies for 19,601 shares. Me. Wnight is worried about losing his job announced a 50 percent salary increase for its top executives. A dssident group of stockhoiders wants to of directors. There are currently 15 directors and 39.500 shares of stock outstanding Mr. Wright, the president of the company, has the fu support of the misting voting procedures, how many directors can the dissident stockholders elect with the praxies they now hold? (Do not round calculations Round your answer down to the nearest whole number.) a-2. How many directors could they elect under majority rule with these proxies? O One O Two O Three O Four 904 AM Type here to search a-2. How many directors could they elect under majority rule with these proxies? O One Two Three O Four None b. How many shares (or proxies) are needed to elect eight directors under cumulative voting? (Do not round number.) calculations Round your answer up to the near Number of shares 32 References eBook & Resources Worksheet Difficulty: Basic Learning O 17-02 Cumulative Problem 17-8 Dissident stockholder group and cumulative voting [LO17-21 with the potential for some representation on the board of director Type here to search