A and B are mathematical answers that need to be solved, its not choosing which one, they need to be solved.
Suppose a firm has 16.9 million shares of common stock outstanding and eight candidates are up for election to four 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.)
Answers: 1
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A and B are mathematical answers that need to be solved, its not choosing which one, they need to be...
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