Problem 17-11 Different classes of voting stock [LO17-1] Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner, decided to establish two classes of stock. The first represents Class A founders' stock and is entitled to ten votes per share. The normally traded common stock, designated as Class B, is entitled to one vote per share. In late 2010, Mr. Stone, an investor, was considering purchasing shares in Rust Pipe Co. While he knew the existence of founders' shares were not often present in other companies, he decided to buy the shares anyway because of a new technology Rust Pipe had developed to improve the flow of liquids through pipes. eBook Of the 2,400,000 total shares currently outstanding, the original founder's family owns 53,725 shares. Print What is the percentage of the founder's family votes to Class B votes? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) References Percentage of votes %

The percentage of the founder's family votes to Class B votes can be calculated as (founder's family votes / Class B votes) × 100: Percentage of founder's family votes = (537,250 / 2,346,275) × 100 ≈ 22.92%

By calculating the percentage of the founder's family votes to Class B votes, we need to determine the total number of votes for Class A shares and Class B shares.

Total votes for Class A shares = Number of Class A shares × Votes per share

Total votes for Class A shares = 53,725 shares × 10 votes per share

Total votes for Class A shares = 537,250 votes

Votes for Class B shares = Number of Class B shares × Votes per share

Votes for Class B shares = (Total shares - Number of Class A shares) × 1 Vote per share

Votes for Class B shares = (2,400,000 shares - 53,725 shares) × 1 vote per share

Votes for Class B shares = 2,346,275 votes

On calculating the percentage of the founder's family votes to Class B votes:

Percentage for founder's family votes = (Votes for founder's family ÷ Total votes for Class B shares) × 100%

founder's family votes percentage = (537,250 votes ÷ 2,346,275 votes) × 100%

founder's family votes percentage  = 22.92% (rounded to 2 decimal places)

So, the percentage of the founder's family votes to Class B votes is approximately 22.92%.

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PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?

You are about to start a new project at work you think might be dangerous. Where might you look for health and safety information before you start? Check all of the boxes that apply.

• the OSHA website

• the manufacturer's instructions

• your health and safety office

• research will not help; you cannot protect yourself

conduct a research in your community on the negative impact of strikes as a socio-economic issue on businesses and present your findings​

Typically, companies choose in-house software development for all of the following reasons except to ____.

seedbed preparation
activities
1.cleared the area

What is a design that can be produced to requirements even with unfavorable conditions in the production​ process?.

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HELP! Small companies and large companies have different designations. Which of these terms can designate a large company

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Interview five family members or friends. Ask them how many vegetable snack packs they would buy in a seven-day week at these prices: $2.75, $3.25, $4.75, $5.25, and $6.00. Make a table to record the quantities of snack packs they would purchase at each price. Give at least two reasons why you think the price of a product might vary.

Give at least two reasons why a consumer might buy more or less of something depending on the price. Write two paragraphs discussing the relationships between price and demand, and supply and demand.

Ask at least five people of various ages the following questions: Do you believe the economy is in dire straits? Why or why not? What do you see as the outcome of the current downturn? How are you directly affected, and what worries you about the state of the economy? Do you believe it can be "fixed"? If so, how?

It has been reported that 40% of U.S. Workers employed as purchasing managers are females. In a simple random sample of U.S. Purchasing managers, 70 out of the 200 are females.

Herjavec Enterprises is thinking about introducing a new surface cleaning machine. The marketing department has come up with the estimate that the company can sell 20 units per year at $235,000 net cash flow per unit for the next five years. The engineering department has come up with the estimate that developing the machine will take a $17. 6 million initial investment. The finance department has estimated that a discount rate of 11 percent should be used.

a. What is the base-case NPV? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e. G. , 1,234,567. 89. )

b. If unsuccessful, after the first year, the project can be dismantled and will have an aftertax salvage value of $10. 4 million. Also, after the first year expected cash flows will be revised up to 30 units per year or down to 0 units with equal probability. What is the revised NPV? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e. G. , 1,234,567. 89. )

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Conider the market for grain in a Wet African nation. Suppoe the United Nation initiate a program to ditribute free grain to houehold in that Wet African nation. The immediate effect of the UN grain ditribution program on houehold and farmer in the Wet African nation would be to

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Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.


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-skills

-tools

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The Consumer Financial Protection Bureau protects the interests of customers by ensuring that federal consumer-protection laws are enforced. True or False?

Which of the following strategies is used in the following ad:

A. famous association
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C. promotional deal
D. repetition

Assume that the economy was in a recession and there was a budget deficit. Then a strict requirement that the Federal government had to balance its budget:
(a) would worsen the effects of the recession.
(b) would have no effect on the recession.
(c) would counter the effects of the recession.
(d) is unnecessary since government budgets are in a surplus during recessions.

The reading suggests that if you decide partway through an interview that the candidate is not right for the job, you
should:

suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. suppose the marginal cost of serving an additional customer is $1.50. the data provide information about the time of attendance and willingness to pay for a ticket.

How important is money

While inspecting a Victorian two-story for a refinance, Edgar noticed the couple who owned the home had installed a separate lockable entry door in the front hall and another at the top of the stairs to separate the main

level from the upper level. They had also converted one of the upstairs bedrooms into a kitchen. The couple had obviously converted the upstairs into a separate apartment. Later, Edgar checked the zoning map in his

office and found that the property is zoned single-family

residential. He called the clerk's office and found that no changes had been made to the zoning. The property is:________.

A) not in legal use according to its zoning. Edgar should appraise the home as a single-family dwelling and make functional adjustments for the lockable entrance doors and the upstairs kitchen.

B) conforming to its certificate of occupancy if there is enough square footage to accommodate two apartments regardless of single-family zoning.

C) a part of the towns buffer strip that mixes commercial and residential in order to maintain a higher level of energy conservation.

D) legally nonconforming because even though it never conformed to zoning laws, it could be easily be converted back to single-family.

if julie expects that her salary will double in 10 years, then what is the growth rate of her salary per year?

What do insurance companies pay to compensate consumers after a loss? copayments deductibles payouts premiums

| Personal Finance |

If you have to pay your car insurance deductible, which is the best place to get the money?

A) your emergency fund

B) your insurance company

C) your credit card

D) your family

stagflation can be defined as a combination of . economic migration and inflation economic aggregation and deflation economic aggregation and inflation economic stagnation and inflation

Imagine that a designer writes content for their online portfolio. To come across as knowledgeable about UX design, they include industry terms and buzzwords that are trending in the design sector. What can this designer do to improve their written content

Saima is the daughter of a farmer, who lives in a village, near Tandu Allah Yar and struggles for well-being of herself and her family. She wakes up early at 6am, takes a good breakfast, attends college for which she has to walk for 1 hour, and gets back by 1pm. Afterward, she enjoys good food from his father's farm, supports her mother in the business of bookbinding, and gives tuition to students and then after taking healthy dinner, she gives time to her own studies and then sleeps early to make sure a healthy sleep. Despite so much struggle, she is so grateful to his God for whatever she has. She has been doing that regularly for the past two years and she envisions becoming an electrical engineer to support his entire village with better and cheaper electricity sources. How do you think the story relates to the principles and habits of Self-Discipline?

1. Four electricians are discussing special requirements for health care facilities. Electrician A says that a nursing home is required to include an emergency system circuit. Electrician B says that GFCI outlets are required in the bathroom area of some critical-care patient rooms. Electrician C says that a nursing home is not required to include an emergency system circuit. Electrician D says that GFCI outlets are required in the bathroom area of the critical-care patient rooms. Which of the following statements is correct?

A. Electrician C is correct.
B. Electrician A is correct
C. Electrician D is correct
D. Electrician B is correct.

2. Four electricians are discussing wiring under raised floors in information technology equipment rooms. Electrician A says that wiring under the raised floor requires fire-resistant walls, floors, and ceilings between other occupancies. Electrician B says that wiring under the raised floor requires fire resistant halfway up the walls and floors between other occupancies. Electrician C says that the room must employ a disconnecting means that removes half of the power to all equipment in the room. Electrician D says that a disconnecting means isn't necessary for the room. Which of the following statements is correct?

A. Electrician B is correct.
B. Electrician C is correct.
C. Electrician D is correct.
D. Electrician A is correct.

3. Five electricians are discussing grounding. Electrician A says that 6" of an 8' rod or pipe electrode is allowed to extend above the finished grade. Electrician B says that a "made" grounding electrode constructed from copper rod that’s 5/8" in diameter and 100" long is acceptable per the NEC. Electrician C says that 6" of a 16' rod or pipe electrode is allowed to extend above the finished grade. Electrician D says that a "made" grounding electrode constructed from copper rod that's 5/8" in diameter and 50" long is acceptable per the NEC. Which of the following statements is correct?

A. Electrician C is correct.
B. Electrician B is correct.
C. Electrician D is correct.
D. Electrician A is correct.

4. Where resistance to ground of a single-made electrode exceeds 25 ohms,

A. additional electrodes must be added until the resistance to ground is lower than 25 ohms.
B. the electrode can be omitted.
C. no additional electrodes are required.
D. one additional electrode must be added.

5. According to the NEC, what type of threadless connectors and couplings must be used with rigid metal conduit if installed in masonry?

A. Rain tight.
B. Concrete tight.
С. Weatherproof.
D. Wet/damp listed.

6. Four electricians are discussing NEC requirements for common appliances.
Electrician A says that new, cord-and-plug, single-phase room A/C units must have factory-installed LCDI or AFCI protection. Electrician B says that the cord for a household refrigerator must be visible and readily accessible to be used as a disconnect switch. Electrician C says that the cord and plug don't have to be new. Electrician D says that an old cord with a spliced new plug can be used. Which of the following statements is correct?

A. Electrician A is correct.
B. Electrician B is correct.
С.Electrician C is correct.
D.Electrician D is correct.

7. Four electricians are discussing switchboards and panelboards. Electrician A says that switchboards and panelboards must provide front and rear access to meet accessibility requirements. Electrician B says that unused circuit breakers mounted in a panelboard should not be identified on the circuit directory until they're actually connected for a circuit application. Electrician C says that switchboards can be installed in cabinets. Electrician D says that switchboards aren't intended to be installed in cabinets. Which of the following statements is correct?

A. Electrician C is correct.
B. Electrician D is correct.
C. Electrician A is correct.
D. Electrician B is correct.

8. Four electricians are discussing the installation of a luminaire in a clothes closet.
Electrician A says that because the clothes-hanging rod is located five inches from the ceiling, the light fixture that's to be mounted directly over the rod must be recessed.
Electrician B says that a surface-mounted incandescent fixture must be placed at least six inches from the storage area. Electrician C says that a surface-mounted incandescent fixture must be placed at least 12 inches away from the storage space. Electrician D says that a surface-mounted incandescent fixture must be placed at least nine inches away from the storage space. Which of the following statements is correct?

A. Electrician B is correct.
B. Electrician A is correct.
С. Electrician C is correct.
D. Electrician D is correct.

conomic progress often leads to multiple choice question. adoption of a democratic government. higher growth rates in a command economy. higher growth rates in a planned economy. adoption of a totalitarian regime.