Use the Table for the Question(s) Below

question 76

Multiple Choice

Use the table for the question(s) below.
Consider the following stock price and shares outstanding data:

-The market capitalization for Wal-Mart is closest to:

• A) $415 billion
• B) $276 billion
• C) $479 billion
• D) $200 billion

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Definitions:

Avoidable Cost

Expenses that can be eliminated if a particular decision is made or if a business operation is discontinued.

Sunk Cost

Costs that have already been incurred and cannot be recovered or altered by any future action.

Eliminated

Removed or taken away, often used in the context of erasing a component or aspect in various fields such as finance, science, or competition.

Book Value

The net value of a company's assets as recorded on the balance sheet, minus its liabilities and the par value of any outstanding shares.