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
Answers: 1
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