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Evaluate the market capitalization of three top companies: Company Stock Price ($) Number of Outstanding Shares (in millions) Microsoft $300 7,500 Google (Alphabet) $2,500 700
Evaluate the market capitalization of three top companies:
Company | Stock Price ($) | Number of Outstanding Shares (in millions) |
Microsoft | $300 | 7,500 |
Google (Alphabet) | $2,500 | 700 |
Amazon | $3,200 | 500 |
Requirements:
- Calculate the market capitalization for each company.
- Interpret the market capitalization values and discuss the market valuation of each company.
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955
