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11. Rubys Mousers, Inc. currently has 500,000 shares of $1.00 par value common stock outstanding currently selling for $85 per share. The firm has current
11. Rubys Mousers, Inc. currently has 500,000 shares of $1.00 par value common stock outstanding currently selling for $85 per share. The firm has current assets valued at $2,000,000, fixed assets of $30,000,000, and $7,000,000 of bonds outstanding. The firms total market capitalization is
A. $32,000,000
B. $37,000,000
C. None of the answers provided is true
D. $25,000,000
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