Question
Here is the question : THE FORTUNE 500 IS A LIST OF COMPANIES BASED ON WHAT?
Option
Here is the option for the question :
- Revenue
- Expenditures
- Stock price
- Number of employees
The Answer:
And, the answer for the the question is :
Explanation:
The first edition of Fortune magazine’s annual ranking of the 500 most profitable corporations in the United States was released in May 1955. The ranking was based on revenue. Additionally, the list provides other information about the companies, including after-tax profits, assets, stockholders’ equity, market value, and earnings per share. The Fortune 500 list is significant because it reveals to the general public which businesses have the potential to have the greatest long-term influence on the economy. Today, ‘Fortune’ also compiles similar lists including the Global 500, Future 50, and 100 Fastest-Growing Companies.
The Fortune 500 is one of the most well-known and respected rankings of companies in the United States, and is based on their revenue. The list is published annually by Fortune magazine, and includes the largest and most successful publicly traded companies in the country.
To be eligible for the Fortune 500, a company must be based in the United States and must have revenues of at least $5.4 billion in the previous fiscal year. The rankings are based on total revenue, and do not take into account other factors such as profits, market share, or shareholder value.
The Fortune 500 list is a powerful tool for investors, analysts, and business leaders, as it provides a snapshot of the largest and most successful companies in the country. The list is also a powerful symbol of the enduring power and influence of American business, and of the strength and resilience of the U.S. economy.
Since its inception in 1955, the Fortune 500 has become an iconic and highly respected ranking of American companies. The list has evolved over the years to reflect changes in the economy and shifts in the business landscape, but it has remained a symbol of excellence and success for companies across the country.
the Fortune 500 is a testament to the enduring power and influence of American business, and to the importance of revenue as a measure of success in the world of commerce. Whether you are a business leader, an investor, or simply someone who is interested in the world of business, the Fortune 500 is a powerful tool for understanding the largest and most successful companies in the United States, and for gaining insight into the forces that drive the economy and shape the world of business.