Betsy ross owns 948 shares in the hanson fabrics co there, Ask an Expert

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Betsy Ross owns 948 shares in the Hanson Fabrics Co. There are 15 directors to be elected. 37,000 shares are outstanding. The firm has adopted cumulative voting.

a. How many total votes can be cast?

b. How many votes does Betsy control?

c. What percentage of the total votes does she control?

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