Jensen shipping has 38,400 shares outstanding and uses cumulative voting. the firm grants one vote for each share of common stock. 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

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

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.