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2 years ago

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]2 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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A business cycle reflects changes in economic activity, particularly real gdp. the stages of a business cycle are?

Lostsunrise [7]

The business cycle goes through four major phases: expansion, peak, contraction, and trough.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products.

Enterprise is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A business can be a commercial or non-commercial organization. The types range from corporations with limited liability to sole proprietorships, corporations and partnerships.

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Learn more about business here:brainly.com/question/24553900
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8 0

1 year ago

Lena invested her savings in two investment funds. The $6000 that she invested in Fund A returned a 6% profit. The amount that s

Nostrana [21]

Answer:

The amount that Lena will invest in fund B would be $4000.

Explanation:

Given information -

Amount invested in fund A - $6000

Return earned on fund A - 6%

Let us assume amount invested in fund B be x

Return earned on fund B - 1%

Return on both funds together - 4%

Let us assume the total amount of fund invested be ($6000 + x)

Now using simple equation , we will take out the value of x which is the amount invested in fund B -

$6000 X 6% + x X 1% = 4% ( $6000 + x )

= $360 + .01 x = $240 + .04 x

= $360 - $240 = .04 x - .01 x

$120 = .03 x

x = $120 / .03

= $4000.

4 0

3 years ago

"Suppose the government guarantees the price of carbon. At this price, the payoff after 1 year is $120,190 for sure. What is the

In-s [12.5K]

Answer: a. U.S. Treasuries with 1 year to maturity

Explanation:

The Government guaranteed the price of the carbon and the payoff is to be one year later.

The opportunity cost will therefore be a similar Government security to the payoff term of the carbon sale which is 1 year.

The Government security with a similar payoff term is the US Treasury bill with 1 year left till maturity and this will be the opportunity cost because instead of the Government issuing and paying out that security they will instead pay for the carbon.

4 0

3 years ago

According to the balanced budget multiplier, an increase in government spending of $10,000 that is financed by an increase of $1

tia_tia [17]

Answer:

D) Income will increase by $10,000.

Explanation:

The balanced budget multiplier measures the change in aggregate output when government spending increases by increasing taxes. The formula for determining the balanced budget multiplier is by adding government expenditures multiplier and the tax multiplier. The balanced budget multiplier is always equal to one, therefore the net change in aggregate production (income) is equal to the increase in government spending.

6 0

3 years ago

In September 2017, Gaertner Corp. commits to selling 150 of its iPhone-compatible docking stations to Better Buy Co. for $15,000

Liono4ka [1.6K]

Answer:

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

Explanation:

(a)

Prepare the journal entry for Gaertner for the sale of the first 90 stations. The cost of each station is $54.

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

(b)

Prepare the journal entry for the sale of 10 more stations after the contract modification, assuming that the price for the additional stations reflects the standalone selling price at the time of the contract modification. In addition, the additional stations are distinct from the original products as Gaertner regularly sells the products separately.

<u>Journal Entries</u>

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies...................................... $540

Dr. Cash.........................................................................$950

Cr. Supply of Stations.....($95 x 10)....................................$950

(c)

Prepare the journal entry for the sale of 10 more stations (as in (b)), assuming that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used.

<u>Journal Entries</u>

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies........................................ $540

Dr. Cash.......................($95 x 10)...............................$950

Dr. Supply discount..($5 x 10 stations).....................$50

Cr. Supply of Stations.....($100 x 10)....................................$1000

5 0

3 years ago