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Mr. Michaels controls proxies for 40,000 of the 75,000 outstanding shares of Northern Airlines. Mr. Baker heads a dissident group that controls the remaining 35,000 shares. There are seven board members to be elected and cumulative voting rules apply. Michaels does not understand cumulative voting and plans to cast 100,000 of his 280,000 (40,000 × 7) votes for his brother-in-law, Scott. His remaining votes will be spread evenly for three other candidates.
How many directors can Baker elect if Michaels acts as described above? Use logical numerical analysis rather than a set formula to answer the question. Baker has 245,000 votes (35,000 × 7).
What is it like to work at Google? (Hint: Go to Google's website and click on "About Google'. Find the section on jobs at Google and go from there.) What is your assessment of the company's work environment?
Explain this organisation's benchmarking efforts (or lack thereof). If benchmarking is employed, identify how the currently used benchmarks align with or address international standards.
1. if a firm raises capital by selling new bonds it would be called the issuing firm and the coupon rate is usually set
Treasury bills are currently paying 5 percent and the inflation rate is 3.20 percent. What is the approximate real rate of interest?
Compose and complete the following balance sheet and income statement for this start-up firm, given the following: Debt Ratio = 95%, Quick Ratio = .9, Asset Utilization = 1.9, AR Days = 40
weighted average cost of capital evaluate 2012 financial statements and other financial data example beta for
Find the following values for a lump sum assuming annual compounding: The future value of $500 invested at 8 percent for one year The future value of $500 invested at 8 percent for five years The present value of $500 to be received in one year when ..
entrepreneurial motivation and rewards-dq1discuss the motivatorsrewards that encourage individuals to begin
the florida retail company is a collection of small consumer electronic retail stores. the company is known for its
How much money will Tom and Tricia have in 45 years if they do nothing for the next 10 years, then puts $2400 per year away for the remaining 35 years? How much money will Tom and Tricia have in 45 years if they put $2400 per year away for the next 1..
The newspaper reported last week that Bennington Enterprises earned $34.02 million this year. The report also stated that the firm’s return on equity is 14 percent. Bennington retains 70 percent of its earnings. What is the firm's earnings growth rat..
Calculate the equal quarterly series equivalent to the decreasing gradient series given below. Assume the interest rate is 8%.
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