The ceo of citigroup announced a $8 billion write-down for the company because of bad loans. this announcement followed a previous announcement of a $5 billion write-down three quarters earlier. the board asked him to step down.
a. the board does not have the authority to remove a ceo.
b. the shareholders must approve the removal of a ceo.
c. the ceo is elected by the shareholders.
d. none of the above

answer; the coefficient of determination;

answer: kevoto

explanation: be healthy

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"