Assume Everyone in the United States Consumes One Soft Drink

question 27

Multiple Choice

Assume everyone in the United States consumes one soft drink in an aluminum can every two days.If there are 300 million Americans,how many tons of aluminum need to be recycled each year if each can weighs 1/16 pound,and one ton = 2000 pounds?

• A) 750,000 tons
• B) 1.5 million tons
• C) 1.7 million tons
• D) 3 million tons

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Definitions:

Share Split

A business move where a company splits its current shares into additional ones to increase the shares' marketability.

Share Price

The current market price of a single share of a company's stock.

Reverse Stock Split

A corporate action in which a company decreases the number of its outstanding shares to increase the share price without changing the company's market capitalization.

Market Value

The ongoing cost at which a service or asset is being exchanged in the market.