Beasley Inc. is going to elect Eight board members next month. Betty Brown owns 16.4...

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Accounting

Beasley Inc. is going to elect Eight board members next month. Betty Brown owns 16.4 percent of the total shares outstanding.

What percentage of stock is needed to have one of her friends elected under the cumulative voting rule?

Percent of stock needed %

What percentage of stock is needed to have one of her friends elected under the staggered cumulative voting rule, under which shareholders vote on three board member(s) at a time?

Percent of stock needed

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