Answer:
$60,000,000
Explanation:
Market value is simply defined as the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business.
Formula for market value is given as
Company's Share × Current Market price per share.
Therefore, given that
Numbet of shares = 3,000,000
Price of share = $20
Then, MV = 3,000,000 × 20
= $60,000,000
Answer:
John Inc.'s return on equity for this accounting period is:
B.
26.66 percent
Explanation:
Return or equity is a ratio used to calculate the efficiency of a certain business. It is calculated by dividing the net income on the stockholders' equity. Therefore, in our case, we translate this into 40 000 dollars divided into 150 000. Giving us a result of .26 %. Thus, the correct option is the B. option.
<span>The death benefit of a(n) variable and universal life insurance policy may go down because of poor investment returns.
Universal life insurance and variable life insurance are two types of permanent life insurance, in this case if the the person who insured dies any time</span><span> as long as there is enough cash value to pay the costs of insurance in the policy, the death benefit will be paid. </span>
We are asked to solve for the cross rate of swiss francs to euros and we are given with the following values:
swiss francs to dollar ----> 1.41 = $1.00
Euro to dollar ------> 0.64 = $1.00
Solving for swiss francs to euro is shown below:
swiss francs / euro = 1.41 / 0.64
swiss francs = 2.2 euro
1 swiss francs = 2.2 euro
