Thursday, 21 May 2015

Mr. Meyers wishes to know how many shares are necessary to elect 3 directors out of 11 directors up for election in the Austin Power Company. There are 71,000 shares outstanding.

Mr. Meyers wishes to know how many shares are necessary to elect 3 directors out of 11 directors up for election in the Austin Power Company. There are 71,000 shares outstanding. (Do not round intermediate calculations.)
  
 
  Number of shares  

 
Explanation: