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Nana76 [90]
2 years ago
14

Jensen Shipping has 38,400 shares outstanding and uses cumulative voting. The firm grants one vote for each share of common stoc

k. What is the minimum number of votes required to obtain a seat on the board of directors if there are three open seats? Multiple Choice 12,800 9,600 12,801 9,601 19,201
Business
1 answer:
inessss [21]2 years ago
8 0

Answer:

The answer is 12,800

Explanation:

This is the answer because if you divide 38,400 by 3 you will get 12,800

38,400÷3=

12,800

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Which of these is the interest rate that is actually observed in financial markets? real risk-free rate real interest rates nomi
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Answer: Nominal interest rate.

Explanation:

Nominal interest rate is the interest rate before inflation is taken into account.

Nominal interest rate is also the advertised or interest rate stated on a loan, without adding any other fees or compounding the interest.

The nominal interest rate is quoted on bonds, loans etc. It is the advertised rate without taking into cognisance inflation, inflation, taxation and compounding interest.

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Which one of these will most likely require a specialized inspection?
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The answer to that is roof
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The accounts of Melissa Manufacturing showed the following balances at the beginning of​ December: Account Debit Raw Materials I
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Answer:

$115,000

Explanation:

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4 0
2 years ago
On October 1, 2018, Ellington Company establishes an imprest petty cash fund by issuing a check for $200 to Erin Angelo, the cus
lukranit [14]

Answer:

Dr. Freight-in                           $28

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Dr. Entertainment of Clients  $65

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Dr. Cash Short/over                $3

Cr. Cash (200-32)                   $168

Explanation:

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To replenish the fund we, need to record the petty cash expenses  in their respective accounts and deduct the amount from petty cash account.

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