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3 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]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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A landlord will usually check your credit report before renting an apartment to you.

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It is true that a landlord will check your credit report before renting to you.

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3 years ago

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If real gdp is $200 billion, full employment gdp is $400 billion, and the marginal propensity to consume is 0.75, then congress

madreJ [45]

If real GDP is $200 billion, full employment GDP is $400 billion, and the marginal propensity to consume is 0.75, then Congress should-----

increase government purchases by spending by $50 billion.

What is marginal propensity?

In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.

Full employment:

is an economic situation in which all available labor resources are being used in the most efficient way possible. Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.

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2 years ago

Suppose that Kyle can get an internship at an investment bank that pays him a stipend of $3,000.00. The internship also provides

noname [10]

Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

<h3>What is internship?</h3>

A program where a person can get training or expertise of a specific area or field by working under a veteran or an expert in the field, whether paid or not, is known as internship.

In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

In the case of painting job he makes economic profit of $3,800 after getting a salary of $4,000 and spends on supplies for $200.

However, the rational profit of Kyle will be,

Painting Job Salary (4000) – Supplies (200) – Stipend from Internship (3000)= $800

Thus, it is beneficial for Kyle to take up internship and leave his painting job. The complete question has been attached as an image for better reference.

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2 years ago

Hank brings several thousand dollars in cash to a small bank and exchanges it for cashier's checks. If this transaction is part

Radda [10]

Answer:

Placement

Explanation:

Money laundering is an illegal process of concealing the money obtained through an illegal act by passing it through a series of other complex transactions .

It involves the three stages of placement , layering and integration.

Placement is the first stage of money laundering after movement from the source where illegal proceeds are disguised by placing them into circulation through deposit into financial institution to allow easy layering.

Hank's action of exchanging the stolen money for cashier's check is a typical example.

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3 years ago

The main reason the usefulness of Pareto optimal policies is limited as a policy guide is that: Question 2 options: it is too su

Nadya [2.5K]

Answer:

real-world changes in which no one is harmed are rare or nonexistent.

Explanation:

Pareto optimality, also known as Pareto efficiency was named after Vilfredo Pareto and it refers to an economic system in which no additional changes can make a person better off without making at least one person worse off.

This ultimately implies that, when there's a maximum level of efficiency in the allocation of goods and resources in an economy and no further changes can be made without making at least one person worse off. Thus, it can only exist in theory but not in reality.

The main reason the usefulness of Pareto optimal policies is limited as a policy guide is that real-world changes in which no one is harmed are rare or nonexistent because the goods and resources cannot be reallocated.

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3 years ago