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Re: Apple to cough up some tax
Well, Apple has over $200 billion in cash reserves, and has a market capitalisation of $591.6 billion, so it sounds quite feasible...
7 billion people times $20 = $140 billion, Tesco market cap of £12 billion ($18 billion), Sainsburys market cap of £5 billion ($7.5 billion), M&S market cap of £7.5 billion ($11.25 billion), which adds up to around $177 billion.
Asda are part of Walmart, so difficult to get a market cap for them, but if we put it between Morrisons of £3.4 billion and Sainsburys £5 billion, so make it £4 billion, or $6 billion, makes a total of $183 billion - gives them some loose change from their cash reserves of around $17 billion...
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