Explore BrainMass

Explore BrainMass

    How many votes can be cast for directors

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Ross owns 918 shares of OJC. There are 13 directors to be elected: 31,000 shares of common stock are outstanding. There is cumulative voting.

    a. How many votes can be cast for directors?
    b. How many votes does Betsy control?
    c. What percentage of the vote does Betsy control?

    © BrainMass Inc. brainmass.com June 3, 2020, 7:34 pm ad1c9bdddf

    Solution Summary

    Simple computations are shown for you.