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Consider the following to answer the question(s) below:
A large national retailer of electronics conducted a survey to determine consumer preferences for various brands of digital cameras. The table summarizes responses by brand and gender.
-Find each of the following percentages.
a. What percentage of the responses were males who prefer Pentax?
b. What percentage of the male responses prefer Pentax?
c. What percentage of the consumers who chose Pentax were males?
Business Judgment Rule
A legal principle that protects corporate directors and officers from liability for decisions made in good faith which they believed to be in the best interest of the company.
Duty of Diligence
The obligation of a person or entity to exercise reasonable care and attention in carrying out tasks and responsibilities.
Corporate Records
Official documents that corporations are legally required to maintain, including information on business activities, financial performance, and legal obligations.
Declared Dividend
A dividend that has been announced by a company's board of directors to be paid out to shareholders on a specified date.
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