Assume General Electric (GE) has about 10.8 billion shares outstanding and the stock price is $27.10. Also, assume the P/E ratio is about 18.3. Calculate
Assume General Electric (GE) has about 10.8 billion shares outstanding and the stock price is $27.10. Also, assume the P/E ratio is about 18.3. Calculate the approximate market capitalization for GE.
A. $679 billion
B. $198 billion
C. $293 billion
D. $382 billion
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Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
