What is mean by Free-Float Market Capitalisation?

[Lordy]

Business English Lesson, Advanced Level

ESL/EFL Test #219 "Price-based or Target Costing", question 1

The target cost is a financial goal for the full cost of a product, ......... from estimates of selling price and desired profit (which top management sets on the basis of firm strategy and financial goals).

(a) deduced
(b) defined
(c) derived
(d) designed

Business English Lesson, Advanced Level

ESL/EFL Test #219 "Price-based or Target Costing", answer 1

The target cost is a financial goal for the full cost of a product, derived from estimates of selling price and desired profit (which top management sets on the basis of firm strategy and financial goals).

Correct answer: (c) derived
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What is mean by Free-Float Market Capitalisation?

Lordy

[Mister Micawber]

.
Free float market capitalisation: This is the market capitalisation of a company based on the percentage of shares freely available for trading on the open market.
.
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Canadian-American native speaker
who teaches English for a living at Mister Micawber's
ESL cafe: Interview with Mister Micawber