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What percentage of the total votes does she control

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Reference no: EM132618566

Question - Betsy Ross owns 942 shares in the Hanson Fabrics Company. There are 13 directors to be elected, and 36,000 shares outstanding. The firm has adopted cumulative voting.

Required -

a. How many total votes can be cast?

b. How many votes does Betsy control?

c. What percentage of the total votes does she control?

Reference no: EM132618566

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