Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 13, 2024

Apple Inc. had 4.52 billion shares of common stocks outstanding and each share was trading at $225 at 11:59am EST. (Keep no decimal place in

Apple Inc. had 4.52 billion shares of common stocks outstanding and each share was trading at $225 at 11:59am EST. (Keep no decimal place in the following answers.)

What was the market capitalization of Apple Inc. at 11:59am EST?

Assume that Apple did a 2-for-1 stock split at noon, what was the market capitalization of the company immediately after the split?

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

Foundations Of Statistics For Data Scientists With R And Python

Authors: Alan Agresti

1st Edition

0367748452, 978-0367748456

More Books

Students also viewed these Finance questions

Question

★★★★★

S.P.R. Company has two divisions: the Tana division and the Rabinur division. The following information pertains to last year's results: S.P.R.'s actual cost of capital was 12 percent. Required: 1....

Answered: 1 week ago

Question

★★★★★

Begin the process of applying this chapters concepts by taking a self-assessment quiz here or onlinewhere you will find out what the results mean. Purpose: The 10 items below allow you to measure...

Answered: 1 week ago

Question

★★★★★

3. Dont use caboosingtacking a criticism on at the end, as in Good job on completing your homework this week. Why cant you do that every week? (Kazdin, 2008).

Answered: 1 week ago

Question

★★★★★

Red Fire Inc. produces fire trucks. The company uses a normal job-order costing system to calculate its cost of goods manufactured. The company's policy is to price its job at cost plus 30% markup....

Answered: 1 week ago

Question

★★★★★

Selected information taken from the 20X2 annual report of Aardvark Company follows. During 20X2, the company had no nonoperating or nonrecurring items included in income and had no outstanding...

Answered: 1 week ago

Question

★★★★★

eek 3 Homework 3 Tenisha Foy: Attempt 1 Question 8 (2 points) Dorothy lacks cash to pay for a $660 dishwasher. She could buy it from the store on credit by making 12 monthly payments of $60. The...

Answered: 1 week ago

Question

★★★★★

Exercise 4-1 (Algo) Computing revenues, expenses, and income LO C1 Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory,...

Answered: 1 week ago

Question

★★★★★

b 4th Quarter Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows: 1st Quarter 2nd Quarter...

Answered: 1 week ago

Question

★★★★★

The question "Which projects are most common/important in your work?" is an example of which topic from TIARA: Group of answer choices Assignments Insights Resources Advice

Answered: 1 week ago

Question

★★★★★

Noel's Mobile Pet Services Company has a grooming department staffed by 10 professional pet groomers. Each groomer is paid $30,000 per year and is able to process 6,000 grooming orders. Last year,...

Answered: 1 week ago

Question

★★★★★

To promote continuous growth and innovation among its employees, WINSERV wishes to enhance its learning and development policies.What is the MOST effective strategy for achieving this goal?...

Answered: 1 week ago

Question

★★★★★

Discuss global cultural differences in GLOBE dimensions.

Answered: 1 week ago

Question

★★★★★

LO1 Discuss the objectives of human resource management.

Answered: 1 week ago

Question

★★★★★

LO2 Identify the steps in the strategic management of human resources.

Answered: 1 week ago

Previous Question Next Question