Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 19, 2024

25) If a corporation has 25,000 shares of stock outstanding among 1,325 shareholders and its stock is trading at $42, what is the market capitalization

25) If a corporation has 25,000 shares of stock outstanding among 1,325 shareholders and its stock is trading at $42, what is the market capitalization of the corporation? a. $1,947,000 b. $1,050,000 c. $1,357,000 d. $78.175 Million

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets and Institutions

Authors: Jeff Madura

12th edition

9781337515535, 1337099740, 1337515531, 978-1337099745

More Books

Students also viewed these Finance questions

Question

★★★★★

As an insurance claims investigator, you are suspicious of 4 brothers who each reported a stolen car in a different region of Montreal. If Montreal has an annual car-theft rate of 4.5%, find the...

Answered: 1 week ago

Question

★★★★★

Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: From...

Answered: 1 week ago

Question

★★★★★

=+c.Why did Lincoln Electrics culture and incentive systems work well in the United States?

Answered: 1 week ago

Question

★★★★★

Erie Company manufactures a small mp3 player called the Jogging Mate. The company uses standards to control its costs. The labor standards that have been set for one Jogging Mate mp3 player are as...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Look at the cash flows for projects F and G given below. The cost of capital was assumed to be 1 0 % . Assume that the forecasted cash flows for projects of this type are overstated by 8 % on...

Answered: 1 week ago

Question

★★★★★

Let us look more closely at the fault history within Field II of Fig. G-28. We will examine the detailed fault pattern of one small area at Hoover Dam on the ArizonaNevada border, a highly...

Answered: 1 week ago

Question

★★★★★

A reactor has flow characteristics given by the nonnormalized C curve in Table P14.11, and by the shape of this curve we feel that the dispersion or tanks-in-series models should satisfactorily...

Answered: 1 week ago

Question

★★★★★

A pulse input to a vessel gives the results shown in Fig. P11.1. (a) Check the material balance with the tracer curve to see whether the results are consistent. (b) If the result is consistent,...

Answered: 1 week ago

Question

★★★★★

Linn Products is mentioned in this chapter as a company that uses job enrichment successfully in the manufacture of its hi-fi products. Their website is www.LinnProducts.net. Linn also has its own...

Answered: 1 week ago

Question

★★★★★

The rheologic model shown in Fig. 12.15 behaves differently at different strain rates. At high strain rates it behaves elastically (bounces). At moderate strain rates it behaves elasticoplastically...

Answered: 1 week ago

Previous Question Next Question