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ira [324]
3 years ago
7

If Acme Corporation's current share price is $40 and it has issued 1 million shares of stock, then its market cap is

Business
1 answer:
zvonat [6]3 years ago
7 0

Answer:

$40,000,000

Explanation:

The company's market capitalization is the value of the total number of equity shares which is derived by multiplying the stock's current market price by its number of shares.

Market capitalization=current share price*number of shares outstanding

current share price=$40

number of shares outstanding=1,000,000

Market capitalization=$40*1,000,000

Market capitalization=$40,000,000

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When an alternative decision rule disagrees with the net present value (npv), the npv should be followed?
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3 years ago
The commercialization of the electric car was supported by the need for a vehicle that polluted less and ____ Select one: a. cos
Rasek [7]

Answer:

did not rely on foreign oil

Explanation:

An electric car is considered as the latest advancement in the field of the automobile industry. The main focus behind introducing the electric car is pollution and dependency on foreign oil.

Both the above factors are important for any developing country. The pollution is  main cause of polluting the environment globally hence it is a vital need to introduce something that produce less pollution. As we know when the oil burns it releases the carbon monoxide in the atmosphere which is the main cause behind raising the average temperature of earth atmosphere

On the other side, we have a dependency on foreign oil. We know that the government pays a huge amount of money in purchasing oil from foreign land thus by introducing an electric car we can save this amount of money and can be used for a different purpose

4 0
3 years ago
Read 2 more answers
Bellingham Company produced 2,500 units of product that required 6 standard direct labor hours per unit. The standard variable o
VMariaS [17]

Answer: -$2,350

Explanation:

First we will calculate the labour costs of the product as,

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Using the above figure we will then calculate the Standard Overhead Cost as,

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But the Actual overhead cost = $71,150

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= -$2,350

If you need any clarification do react or comment.

3 0
3 years ago
What are the most important benefits of using virtual reality in business training?.
N76 [4]

The most important benefits of using virtual reality in business training is that its let the trainees undergo at similar experience that they will encounter in real world.

<h3>What is a Virtual Reality?</h3>

A Virtual Reality refers to a simulated experience that are very similar from the real world.

In conclusion, the most important benefits of using virtual reality in business training is that its let the trainees undergo at similar experience that they will encounter in real world

Read more about Virtual Reality

<em>brainly.com/question/26597344</em>

6 0
2 years ago
In the theory of deregulation economics, cutting taxes allows people to save more money. Banks then loan that money to businesse
telo118 [61]
True

this never works in practice though
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3 years ago
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