Assume General Electric (GE) Has About 10

question 21

Multiple Choice

Assume General Electric (GE) has about 10.3 billion shares outstanding and the stock price is $37.10.Also, assume the P/E ratio is about 18.3.Calculate the approximate market capitalization for GE.

• A)$679 billion
• B)$188 billion
• C)$382 billion
• D)$103 billion

Identify the concept of locus of control and its implications on individuals' perceptions of personal influence.

Understand the notion of reinforcement value and its role in predicting behavior.

Grasp the importance of self-esteem through various stages of life.

Recognize the dynamics of goal setting and its impact on achieving personal and professional objectives.

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Definitions:

Single-Step Income Statement

An income statement format that lists all revenues and then deducts all expenses to find the net income with only one subtraction.

Multiple-Step Income Statement

A detailed income statement that separates operational revenue and expenses from non-operational ones, presenting a clear view of a company’s operational efficiency.

Income Statements

A financial statement that shows a company’s revenues, expenses, and profits or losses over a specific period.

Wholesalers

Businesses that buy goods in bulk from manufacturers or distributors and then sell them in smaller quantities to retailers or other businesses.