Mathematics
Mathematics, 14.12.2020 22:00, destinyterrea

The Chief Financial Officer at Jim’s Footwear Store estimates that the store budget for the previous fiscal year was approximately $3 million. In order to become a board member at this company, an investor must offer 6% of the company’s previous budget as a “buy-in.” If the consultant projects a $900 thousand increase in the budget due to new investor “buy-in” next year, how many new board members will this store have? (A) 5

(B) 4

(C) 2

(D) 1

answer
Answers: 1

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